AI for a green, fair and safe world.

We aim to lead the democratization of Artificial Intelligence. Offering faster, easy-to-use AI acceleration while minimizing power and cost, to simplify AI at the Edge.

We can do this because we are not a regular deep-tech company. Led by our CEO Fabrizio del Maffeo, in just three years since our inception we’ve grown a team of brilliant engineers, developers and business experts to over 190 colleagues around the globe. We are advised by the brightest minds in the AI sphere and backed by major investors, including the European Innovation Council Fund, Innovation Industries, Invest-NL, Samsung Catalyst Fund, Verve Ventures, Fractionelera, the Italian sovereign fund CDP Venture Capital SGR, RVO, Bitfury, Federal Holding and the Investment Company of Belgium (SFPIM) and imec. With an oversubscribed series A, we're bringing the total amount invested into Axelera up to US$ 50 million. An oversubscribed US$68 million Series B financing round, bringing the total amount raised to US$120 million. Axelera AI's Series B funding round is Europe’s largest oversubscribed Series B funding round in the fabless semiconductor industry.

Since July 2021, we’ve taped out two chips (AI Processing Units), and introduced our Metis AI Platform. The hardware and software platform, consisting out of our Metis AIPU and our adaptable Voyager SDK, makes the deployment of machine learning models an effortless task.

Now we are focused on building our solutions and the ecosystem, that together will drive the democratization of AI, enabling a green, fair and safe world.

AI For A Green Fair And Safe World

Share in our milestones

  • August 29, 2014

    Bitfury Group incubated a dedicated AI division, Bitfury AI, led by Fabrizio Del Maffeo.

  • July 31, 2019

    Fabrizio Del Maffeo initiated discussions with Evangelos Eleftheriou from IBM Research on potential collaboration opportunities.

  • June 30, 2021

    Bitfury AI led by Fabrizio Del Maffeo merged with a team of researchers and engineers coming from IBM Zurich led by Evangelos Eleftheriou and a team of researchers and engineers coming from ETH Zurich, imec, Qualcomm and Google. Alexera AI was funded with a Euro 10 million Seed round led by Bitfury Group and the participation of imec, imec.xpand and Innovation Industries.

  • September 14, 2021

    Announced $12ml seed round led by Bitfury and contributions from imec, imec.xpand and Innovation Industries.

  • November 30, 2021

    Marian Verhelst joins as scientific advisor

    Read the interview with Marian

  • November 30, 2021

    Tape-out of our test-chip Thetis, proving our groundbreaking technology to the AI community.

  • January 31, 2022

    Torsten Hoefler joins as scientific advisor.

    Read the interview with Torsten

  • April 30, 2022

    Luca Benini as scientific advisor.

    Read the interview with Luca

  • June 05, 2022

    Andreas Hansson joins as advisor.

    Learn about Andreas

  • October 11, 2022

    Silicon Valley veteran Jonathan Ballon joins as independent non-executive director.

    Listen to the podcast

  • October 24, 2022

    Announced oversubscribed $27ml series A round led by innovation industries with contributions from imec.xpand, Federal Holding and Investment Company of Belgium (SFPIM). Received $6.7ml Innovation Credit from the Ministry of Economic Affairs and Climate Policy in The Netherlands.

    Read the Press Release

  • December 14, 2022

    Introduction of Metis AI Platform and opened the Early Access Program for leading companies that would like to innovate with us. Read the press release and learn about the EAP

    Read the press release and learn about the EAP

  • May 21, 2023

    Announced new investors who have joined their oversubscribed Series A round, bringing the total amount raised to $50 million. The new investors include CDP Venture Capital, Verve Ventures, and Fractionelera. Innovation Industries has increased its investment, becoming the largest investor. Read the press release

    Read the press release 

  • September 11, 2023

    Announced shipment of our Metis AI Platform to our first customers. Read the Press Release

    Read the Press Release

  • October 17, 2023

    Announced Inder Singh, former ARM CFO, joining Axelera AI Board of Directors Read the Press Release

    Read the Press Release

  • November 13, 2023

    Announced Stephen Owen joined Axelera AI as an Advisor Read the Media Alert, or check out this interview

    Read the Media Alert, or check out this interview

  • January 08, 2024

    Global innovators partner with Axelera AI leverage Metis platform for enhanced Edge AI capabilities

    Read the Press Release

  • January 25, 2024

    Axelera AI Selected for the Tech Tour Growth50 Europe List 2024

    Read the Media Alert

  • June 25, 2024

    Axelera AI Raises $68 Million Series B Funding to Accelerate Next-Generation Artificial Intelligence.

    Read the Press Release

  • August 27, 2024

    Axelera AI is co-funded by the European Union's Horizon research and innovation programme

    Visit the programme page

Investors

The AI semiconductor market for application-specific processors is expected to reach more than US$ 50 billion in 2025, with the AI computing board and system market estimated to be three or four times larger. In the coming years, most of the market is expected to shift to the edge. However, edge applications need a completely innovative design which considers specific computational performance, power and economical needs.

The global computer vision market size is projected to grow to $21.3B in 2030 with smart cameras comprising the largest component of that market. During that period, a decisive shift away from PC-based systems towards intelligent stand-alone systems is forecast.

Axelera AI captures this opportunity by having developed a game-changing, user-friendly, scalable technology with superior performance and efficiency at a fraction of the cost of existing players to accelerate computing vision and NLP at the edge.

Axelera AI delivers vision solutions for the Edge. Our Metis AI Platform technology will power the next generation of smart camera system enabling complex applications including image classification, object detection and tracking. Axelera’s Voyager SDK is designed to allow the rapid development of computer vision applications without requiring in-depth artificial intelligence knowledge.

We’re simplifying AI at the Edge - making the impossible possible - with the help of industry-recognized innovation leaders and investors and the Horizon Europe Research and innovation funding program.