Press

Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced its successful close of an oversubscribed $68 million Series B financing round, bringing the total amount raised to $120 million.

Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced the availability and worldwide shipments of its Metis Evaluation Systems.

Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced that it has been selected by the EIC Scaling Club as one of the highest-potential European deep tech scale-ups poised to make a positive, global impact. This recognition further highlights Axelera AI’s momentum and promise to democratizing AI, showcasing success in offering powerful, cost and energy efficient, user-friendly AI technology.

Axelera AI has been selected for the Tech Tour Growth50 Europe List, showcasing the 50 European technology companies with the biggest growth potential. This year’s Growth50 companies already raised an impressive €6.7 Billion or an average of €133.8 Million per company.

Axelera AI customers can soon use state-of-the-art AI inference processing with YOLO (“You Only Look Once”) Neural Networks for Edge AI Computer Vision applications, with unmatched performance, opening up unprecedented opportunities for Edge deployment with the industry-defining Metis™ AI Platform.

Axelera AI announced that it has been named a CES® 2024 Innovation Awards Honoree for its Metis™ AI Platform.

Stephen is a Board Level International Executive with extensive Global Leadership and Organizational experience in an S&P Top 500 Semiconductor Company, with over 16 years at the executive level.

We’re continuing that momentum at this year’s RISC-V Summit North America 2023 from November 7th-8th at the Santa Clara Convention Center. Industry leaders and change makers will flood this conference with exciting new applications of RISC-V.

Axelera AI, provider of world’s most powerful and advanced solutions for AI at the Edge, today announced Inder Singh, former Chief Financial Officer of Arm, has been appointed as the newest member of the Axelera AI Board of Directors effective immediately.

Axelera AI, provider of world’s most powerful and advanced solutions for AI at the Edge, today announced the first shipment of its Metis AI Platform to its Early Access Program customers.

Axelera AI, the provider of the world’s most powerful and advanced solutions for AI at the Edge, announces new investors who have joined their oversubscribed Series A round, bringing the total amount raised to $50 million.

Advantech and Axelera AI are teaming up to bring the inference power of a data center to edge devices, providing customers with cutting-edge solutions that combine the best of Advantech’s expertise in the embedded and industrial PCs and Axelera AI’s disruptive edge AI technology.

Advantech and Axelera AI are teaming up to bring the inference power of a data center to edge devices, providing customers with cutting-edge solutions that combine the best of Advantech’s expertise in the embedded and industrial PCs and Axelera AI’s disruptive edge AI technology.

SECO and Axelera AI are proud to announce the first integrated solutions developed as a result of their partnership at embedded world Exhibition&Conference.

SECO joins Axelera AI’s ecosystem as sole European developer of innovative AI accelerators based on MetisTM AI Platform.

European artificial intelligence (AI) startup Axelera AI announced today its MetisTM AI Platform, encompassing the Metis AI Processing Unit (AIPU) chip and the Voyager SDK software stack – available as cards, boards, and vision systems – to accelerate computer vision processing at the edge.

Since its inception and initial funding last year, Axelera AI successfully taped-out its first testbench chip, developed entirely in-house, proving the performance and efficiency of in-memory compute for AI computations [Link]. In just 14 months the company has also hired more than 80 team members, distributed between its headquarters at the High Tech Campus in Eindhoven (NL), its R&D offices in Leuven (BE) and Zurich (CH), its newest offices in Milan (IT) and Bristol (UK), and its Europe-wide remote locations.

Axelera AI has appointed technology veteran Jonathan Ballon to its non-executive board. Ballon joins the unique Dutch start-up designing the world’s most powerful and advanced solutions for cutting-edge AI.

Andreas is an investor and advisor with experience from the entire company life cycle. He is an angel investor in several start-ups, and also serves on the Board of a number of public companies, including AutoStore, the leading automated storage and retrieval system provider, and as chair of the Board of Kahoot! ASA, a leading EdTech platform.

The Thetis Core, first taped out in December 2021 with the support of imec.IC-link, is a test vehicle demonstrating the high performance and efficiency of the in-memory computing technology developed by Axelera AI.