Investors: Innovation Industries, BlackRock, SiteGround Capital, Bitfury, CDP Venture Capital, European Innovation Council Fund, Federal Holding and Investment Company of Belgium, Invest-NL, Samsung Catalyst Fund, Verve Investments
Edge AI chip startup providing inference acceleration platform for generative AI and computer vision raised $250M+ in a growth round.
<cite index="4-4">Axelera AI raised over $250 million for its Europa chip designed to support high-performance edge computing use cases, including generative AI and computer vision applications.</cite>
Edge AI chip startup Axelera AI raised $250M+ to develop the Europa chip for computer vision applications and ramp up manufacturing.
Investors: Innovation Industries, BlackRock, SiteGround Capital, Bitfury, CDP Venture Capital, European Innovation Council Fund, SFPIM, Invest-NL, Samsung Catalyst Fund, Verve Investments
Edge AI chip startup developing power-efficient AI acceleration hardware for inference workloads raised $250M+ to scale manufacturing and expand customer success operations.