About Axelera AI
Axelera AI is a company based in Eindhoven (Netherlands) founded in 2021 by Bram Ernst Verhoef and Ioannis Papistas.. Axelera AI has raised $107 million across 8 funding rounds from investors including Imec, Bitfury and European Union. Axelera AI operates in a competitive market with competitors including Preferred Infrastructure, Untether AI, Cerebras, Hailo and Celestial AI, among others.
- Headquarter Eindhoven, Netherlands
- Founders Bram Ernst Verhoef, Ioannis Papistas
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Axelera Ai
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$107 M (USD)
in 8 rounds
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Latest Funding Round
$65.94 M (USD), Grant
Mar 06, 2025
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Investors
Imec
& 11 more
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Employee Count
Employee Count
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Funding Insights of Axelera AI
Axelera AI has successfully raised a total of $107M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $65.94 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Grant — $65.9M
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First Round
First Round
(15 Sep 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Grant - Axelera AI | Valuation |
investors |
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| Jun, 2024 | Amount | Series B - Axelera AI | Valuation | Invest-NL , European Union |
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| Oct, 2023 | Amount | Grant - Axelera AI | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Axelera AI
Axelera AI has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Imec, Bitfury and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Infrastructure and venture capital funding is provided in key sectors.
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Founded Year | Domain | Location | |
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A European venture capital fund focused on deep tech investments.
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Founded Year | Domain | Location | |
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Venture capital fund investing in deep-tech infrastructure and platforms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Axelera AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Axelera AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axelera Ai Comparisons
Competitors of Axelera AI
Axelera AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Preferred Infrastructure, Untether AI, Cerebras, Hailo and Celestial AI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Machine learning, deep learning, and high-performance computing solutions are developed.
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| domain | founded_year | HQ Location |
At-memory computes are provided for accelerating AI inference in devices.
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| domain | founded_year | HQ Location |
Custom AI models are trained on a specialized computing platform.
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| domain | founded_year | HQ Location |
Provider of neural learning processors for edge AI applications
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| domain | founded_year | HQ Location |
Provider of AI-powered optical processing units
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Axelera Ai
Frequently Asked Questions about Axelera AI
When was Axelera AI founded?
Axelera AI was founded in 2021.
Where is Axelera AI located?
Axelera AI is headquartered in Eindhoven, Netherlands. It is registered at Eindhoven, Noord-brabant, Netherlands.
Is Axelera AI a funded company?
Axelera AI is a funded company, having raised a total of $107M across 8 funding rounds to date.
What does Axelera AI do?
Axelera AI was founded in 2021 and is headquartered in Eindhoven, Netherlands. Hardware and software platforms are developed for accelerating AI inference in edge environments. Machine learning inference solutions are supported through single and multichip configurations, enabling cloud-to-edge enterprise applications. A custom dataflow architecture is utilized for edge and data center deployments. Use cases are addressed in sectors such as retail, drone manufacturing, and smart cities.
Who are the top competitors of Axelera AI?
Axelera AI's top competitors include Preferred Infrastructure, Celestial AI and Untether AI.
Who are Axelera AI's investors?
Axelera AI has 12 investors. Key investors include Imec, Bitfury, European Union, imec.xpand, and EuroHPC JU.
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