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Axelera

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Headquarters

Netherlands

Founded Year

2021

Total Funding

$12.0M

Employees

11 - 50

Status

Active


About Axelera

Axelera AI is developing a game-changing hardware and software platform for AI.

Headquarters

Netherlands


General Information on Axelera

Brand name Axelera
Company name Axelera AI
Website https://www.axelera.ai/
Founded year 2021
Employees 11 - 50
Founding team

Fabrizio Del Maffeo

Contact [email protected]

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Recent News and Activity about Axelera

Telecompaper (Netherlands) 26.10.2022
European chip startup Axelera AI raises USD 27 mln, names former Intel exec chair

Axelera AI said its raised USD 27 million during its series A investment round and that it is already planning a series B, together with a product announcement.

Enterprisetalk.com 26.10.2022
AI Chip Startup Axelera Receives USD 27M to Commercialize its Hardware

Axelera AI has announced that they secured capital from VCs including Imec's venture arm, Imex.xpand to commercialize their chip technology within the Blockchain company Bitfury Group. A USD 27 million Series A investment in Axelera AI, led by Innovation Industries and including Imec.xpand and the Federal Holding and Investment Company of Belgium, closed this week. Additionally, the Ministry of Economic Affairs and Climate Policy requested a ...

Axelera news
The Bakersfield 26.10.2022
Europäisches KI-Startup Axelera AI schließt Serie A mit 27 Millionen Dollar ab Business Wire Oct 25, 2022 17 hrs ago

EINDHOVEN, Niederlande--(BUSINESS WIRE)--Okt 25, 2022-- Das europäische KI-Startup Axelera AI gab heute den Abschluss seiner Serie-A-Investitionsrunde in Höhe von 27 Millionen US-Dollar bekannt. Diese Pressemitteilung enthält multimediale Inhalte. Die vollständige Mitteilung hier ansehen: https://www.businesswire.com/news/home/20221017005511/de/ The Axelera AI Team is proud to announce its latest funding round. (Photo: Business Wire) Die ...

Silicon Canals (Netherlands) 26.10.2022
Dutch-based Axelera AI raises €27M for its AI acceleration platform

Eindhoven-based Axelera AI, a company that claims to be creating the next generation of AI hardware and software, announced on Tuesday that it has raised $27M (approximately €27M) in a Series A round of funding. The round was led by Innovation Industries and joined by imec.xpand, a venture fund associated with the IMEC nanotechnology research lab, and the Federal Holding and Investment Company of Belgium (SFPIM).

Axelera news
Menafn.com 26.10.2022
European AI Startup Axelera AI Closes $27 Million Series A

MENAFN - AETOSWire) ( ) -- European AI startup announced today the close of its $27 million Series A investment round. The funding will support Axelera AI's launch and mass production of its first-generation AI acceleration platform, powered by its disruptive in-memory computing and dataflow. Since its inception and initial funding last year, Axelera AI successfully taped-out its first testbench chip, developed entirely in-house, proving the ...

Ibero News 26.10.2022
La startup de IA europea Axelera AI cierra una ronda de inversión de serie A por 27 millones de dólares

La empresa lanzará su plataforma de aceleración de IA a principios de 2023 La startup de IA europea Axelera AI ha anunciado hoy el cierre de su ronda de inversión serie A por 27 millones de dólares. La financiación se utilizará para el lanzamiento de Axelera AI y la producción en masa de su plataforma de aceleración de IA de primera generación, que incluye su revolucionaria tecnología de cálculo y flujo de datos en memoria. Desde su creación y ...

Axelera news
Latest Nigerian News 26.10.2022
Netherlands-based Axelera AI, which is developing AI acceleration cards, systems, and software, raised a $27M Series A led by Innovation Industries (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:Netherlands-based Axelera AI, which is developing AI acceleration cards, systems, and software, raised a $27M Series A led by Innovation IndustriesSeveral years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou

Techcrunch 25.10.2022
AI chip startup Axelera lands $27M in capital to commercialize its hardware

Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou and a group of researchers at IBM Zurich Lab to develop a computer chip. Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and the rest of the team perceived that most offline, at-the-edge computing hardware was inefficient and ...

Axelera news
sogotradedev.websol.barchart.com 25.10.2022
European AI Startup Axelera AI Closes $27 Million Series A

European AI startup announced today the close of its $27 million Series A investment round. This press release features multimedia. View the full release here: The funding will support Axelera AI's launch and mass production of its first-generation AI acceleration platform, powered by its disruptive in-memory computing and dataflow. Since its inception and initial funding last year, Axelera AI successfully taped-out its first testbench chip, ...

Silicon Angle 25.10.2022
Axelera AI reels in $27M for its edge AI chip

Netherlands-based chip startup Axelera AI B.V. today announced that it has secured a $27 million Series A funding round. The investment was led by venture capital firm Innovation Industries. The Federal Holding and Investment Company of Belgium participated as well along with imec.xpand, a venture fund associated with the IMEC nanotechnology research lab. Axelera AI detailed today that it has also secured a $6.7 million loan from the Netherlands ...

Axelera news