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High Tech Series C Founded 2021

Axelera AI

Axelera AI is a manufacturer of hardware accelerators and software for artificial intelligence inference at the edge. The company produces processing units designed for integration into computing systems to perform neural network tasks, supporting various form factors for deployment in edge computing environments. The accompanying software development kit provides tools for model deployment, compatibility, and…

📍 Eindhoven, Netherlands · AI Infrastructure,

Funding snapshot

Last roundSeries C
Amount$250M
Date24 February 2026
Total raised$450M
Team size287

About

Axelera AI is a manufacturer of hardware accelerators and software for artificial intelligence inference at the edge. The company produces processing units designed for integration into computing systems to perform neural network tasks, supporting various form factors for deployment in edge computing environments. The accompanying software development kit provides tools for model deployment, compatibility, and system control, facilitating the execution of deep learning models for computer vision, natural language processing, and other AI workloads. Axelera AI's technology targets applications in surveillance, automotive, industrial automation, and robotics. Founded in 2021 and headquartered in Eindhoven, Netherlands, Axelera AI has raised $450 million at the Series C stage from investors including Innovation Industries, imec.xpand, SFPI, BlackRock, EIC Fund, Samsung Catalyst Fund, Invest-NL, Verve Ventures, CDP Venture Capital, Bitfury, and Imec.

Business model

Edge Computing > Edge Computing Stack,

AI Infrastructure > Enabling Technologies > Hardware > Processors > AI Accelerators,

Digital ICs > Microprocessors > Artificial Intelligence and Machine Learning > AI Accelerators

Team background

College Wise > University of Manchester

Institutional investors

Innovation Industries imec.xpand SFPI Verve Ventures CDP Venture Capital Bitfury Imec EIC Fund Invest-NL Europa Samsung Catalyst Fund EuroHPC JU BlackRock European Innovation Council SFPIM

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