Axelera AI
Founded 2021 · 289 employees on LinkedIn · 12 known investors
Axelera AI develops hardware and software platforms for artificial intelligence inference at the edge, including specialized processors and accelerators for edge computing, computer vision, natural language processing, and automotive applications.
Founders & leadership
Axelera AI was founded in 2021 by Fabrizio Del Maffeo and Evangelos Eleftheriou.
FD
Fabrizio Del Maffeo
EE
Evangelos EleftheriouFounder
Investors · 12
Innovation Industries✓ verifiedAmsterdam · $2.2M – $54M
Samsung Catalyst Fund✓ verifiedSan Jose
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Verve Ventures✓ verifiedZug · $1.1M – $2.2M
BlackRock✓ verifiedNew York
European Innovation Council Fund✓ verified
Invest-NL✓ verifiedAmsterdam
CDP Venture CapitalRome
imec.xpandreportedLeuven · $270K – $5.4M
Also in the syndicate · 4
BitfuryFederal Holding and Investment Company of Belgium (SFPIM)SiteGround CapitalVerve Investments
Funding
SEC filings, press & company announcements$250M disclosed across 1 of 2 rounds · 2024–2026
- $250MraisedFeb 2026 · 4 sources
BlackRock (lead), Innovation Industries (lead), Bitfury, CDP Venture Capital, European Innovation Council Fund, Federal Holding and Investment Company of Belgium (SFPIM), Invest-NL, Samsung Catalyst Fund, SiteGround Capital, Verve Investments
Source ↗ - Undisclosed amountSeries BJun 2024Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 6
by search overlap
Aisera30 shared keywordsAisera develops agentic AI systems for enterprises that proactively anticipate needs and solve repetitive tasks, freeing teams to focus on strategic decisions and complex problem-solving. The company serves enterprise customers across industries globally.
Hailo28 shared keywordsHailo designs AI processors and accelerators for edge devices, supporting deep learning inference, generative AI, and vision tasks with low power consumption. Its co-processors run neural networks, vision transformer models, and LLMs for applications in automotive, industrial automation, and retail.
Netezza26 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Intel,22 shared keywordsIntel designs and manufactures semiconductor processors for data center, consumer, and embedded applications, including Xeon server processors, Arc graphics processors, and mobile processors. The company serves enterprises, device manufacturers, and consumers globally.
NVIDIA21 shared keywordsNVIDIA designs GPUs, AI computing hardware, and software platforms for AI development, data centers, autonomous vehicles, and robotics, serving developers, researchers, and enterprises. Its offerings include AI models, power architecture for AI factories, and compute infrastructure used across industries such as manufacturing, healthcare, and automotive.
Solera19 shared keywordsSolera provides vehicle-data intelligence using data collected across the vehicle lifecycle—from purchase to repair to salvage—combined with AI to power software solutions. It serves dealers, insurers, repairers, and fleets in the automotive industry.
Companies competing with Axelera AI for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Eindhoven Business Briefing: It’s raining euros, hallelujahdispatcheseurope.com · Aug 2026Frequently asked questions
- What does Axelera AI do?
- Axelera AI develops hardware and software platforms for artificial intelligence inference at the edge, including specialized processors and accelerators for edge computing, computer vision, natural language processing, and automotive applications.
- Who founded Axelera AI?
- Axelera AI was founded by Fabrizio Del Maffeo, Evangelos Eleftheriou in 2021.
- Who are Axelera AI's investors?
- Axelera AI's investors include Innovation Industries, Samsung Catalyst Fund, Verve Ventures, BlackRock, European Innovation Council Fund, Invest-NL, CDP Venture Capital, imec.xpand.
- How much funding has Axelera AI raised?
- Axelera AI has disclosed $250M raised across 1 of its 2 known rounds.