Axelera AI (Grant)

Funding Details
Awarder
SemiNews
Date Award
April 07, 2025
Vertical
AI Hardware Acceleration
Funding URL
View Funding Page
Funding Amount:
$61,600,000

Company Info
Founding Year
2021
Traction
Axelera AI has raised more than $200 million in total funding in just three years, including a successful oversubscribed $68 million Series B financing round.
Organizations Involved
EuroHPC Joint Undertaking
Founders
Fabrizio Del Maffeo, Evangelos Eleftheriou
Company Description
Axelera AI develops purpose-built AI hardware acceleration technology for computer vision and generative AI applications.
Market
High-Performance Computing
Location
Eindhoven, North Brabant, Netherlands
Coinvestors
EuroHPC Joint Undertaking, member states

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