Axelera AI

Axelera AI is a semiconductors company in Eindhoven, Netherlands, founded in 2021. It has raised $357.0M across 4 rounds, most recently a $250.0M Series B in August 2025.

Datacenter Performance, Edge Efficiency

Headquarters
Eindhoven
Employees
201–500
Founded
2021
Business Model
B2B
Website
axelera.ai
Total Funding
$357.0M
Last Round
$250.0M Series BAug 2025
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 4 funding rounds and 6 investors for this company. The full record is or through the API.

About

Axelera AI develops processors and software for AI inference at the edge, targeting computer vision workloads in security, retail, industrial, and robotics applications. Its Metis AI processing unit (AIPU) combines digital in-memory computing with RISC-V vector cores, delivers up to 214 TOPS at INT8, and ships as M.2 modules and PCIe cards programmed through the Voyager SDK; the follow-on Europa processor reaches 629 TOPS for edge servers. Founded in 2021 as an imec spin-off, the company is headquartered in Eindhoven, Netherlands, led by CEO Fabrizio Del Maffeo, and employs roughly 235 people. In February 2026 it raised more than $250 million led by Innovation Industries with new investors including BlackRock, and it holds a €61.6 million EuroHPC grant to develop Titania, a chiplet for generative AI and computer vision.

Summary

It lists 201–500 employees. It has raised $357.0M in total across 4 rounds, most recently a $250.0M Series B round in Aug 2025. Investors include Innovation Industries, VERVE CAPITAL and BlackRock.

Tech & App Stack

6 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Data from Indexed.vcUpdated
Series BSeries BAug 2025
$250.0M

Sign up to see all 4 events

Funding: Seed through Series B. Amounts, valuations, and investors where available.

Investors

Similar Companies

Micron TechnologyIPO

Micron Technology is the only US-based manufacturer of advanced DRAM, NAND, and storage memory so...

Boise, United States10001+Artificial Intelligence, Hardware
GrantTotal funding$6.2BDec 2024
Groq

Groq delivers fast, low cost AI inference using custom LPU (Language Processing Unit) chips and G...

Mountain View, United States201–500Artificial Intelligence, Hardware
Series ATotal funding$4.2BAug 2026
Tenstorrent

Designs and sells AI processors, accelerator cards, and software, licensing RISC-V IP to enterpri...

Toronto, Canada501–1000Artificial Intelligence, Hardware
Series ETotal funding$3.8BOct 2026
SambaNova Systems

Provides AI inference hardware and cloud platform for enterprises, using RDUs and SambaCloud to r...

Palo Alto, United States201–500Artificial Intelligence, Developer Tools
Series FTotal funding$2.5BJul 2026
Cerebras SystemsIPO

Cerebras provides wafer-scale AI infrastructure that lets enterprises train, fine-tune, and serve...

Sunnyvale, United States201–500Artificial Intelligence, Developer Tools
Series G+Total funding$2.1BFeb 2026
Etched

AI chip startup designing custom ASICs purpose-built for transformer-based artificial intelligenc...

Cupertino, United States51–200Semiconductors, Artificial Intelligence
Venture RoundTotal funding$1.6BAug 2026

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Axelera AI on Indexed.vc
<a href="https://indexed.vc/companies/axelera-ai"><img src="https://indexed.vc/api/badge/company/axelera-ai" alt="Axelera AI on Indexed.vc" width="260" height="76" /></a>