Axelera AI
Latest round
- Series B
Last raised
- Jun 2024
Total raised
- $130M
Investors
- 10
About Axelera AI
V.V. was founded in 2021 in Eindhoven, Netherlands, focusing on delivering high-performance AI solutions. The company was established by a team of experts including Bram-Ernst Verhoef, Evangelos Eleftheriou, Fabrizio Del Maffeo, Ioannis Papistas, Marco Barbato, Martino Dazzi, Milos Stanisavljevic, Riduan Khaddam-Aljameh, and Yi Lu.5 mn.Axelera AI primarily offers advanced AI acceleration hardware designed to enhance inference capabilities at the edge, particularly for applications in computer vision. Their flagship product, the Metis AI Processing Unit (AIPU), engineered for high performance and energy efficiency, achieves up to 200 TOPS (Tera Operations Per Second). This unit is integrated into various evaluation systems tailored for specific use cases such as multi-channel video analytics, quality inspection, and people monitoring. The Voyager SDK plays a significant role by simplifying the deployment of deep neural networks on their hardware, facilitating smooth integration into clients’ technological ecosystems.Axelera AI generates revenue through direct sales of its AI hardware and software solutions, focusing on B2B transactions. Clients purchase evaluation systems and associated software, with a typical transaction structure involving one-time hardware purchases and potentially ongoing software licenses for the Voyager SDK. This model enables customers to leverage updates and support, positioning Axelera AI's offerings, especially the Metis AIPU, to attract enterprises seeking efficient AI-driven solutions.V. The company plans to launch new products designed to enhance its AI hardware capabilities, while also targeting expansion into additional European and North American markets by the end of 2026.V.
Who invested in Axelera AI
10 investors across 4 rounds
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Questions about Axelera AI
Who invested in Axelera AI?
Axelera AI has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Axelera AI raised?
Axelera AI has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Axelera AI last raise money?
Axelera AI's most recent round on record is a Series B, in Jun 2024.
What does Axelera AI do?
Axelera AI is a semiconductors company.
Where is Axelera AI headquartered?
Axelera AI is headquartered in Eindhoven, Netherlands.
Which VCs invest in companies like Axelera AI?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back semiconductors companies at Axelera AI's stage. Their profiles are linked below.
VCs backing semiconductors startups at Series B
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