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Axelera AI

Eindhoven, NL · Founded 2021 · 289 employees on LinkedIn · 13 known investors

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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.

AI & Machine LearningHardwareSemiconductors

Founders & leadership

Axelera AI was founded in 2021 by Fabrizio Del Maffeo and Evangelos Eleftheriou.

FDFabrizio Del Maffeo
Fabrizio Del MaffeoFounderHe holds a Master's degree in Telecommunication Engineering from Politecnico di Milano and has over 20 years of experience in technology, including founding and scaling multiple startups to global markets.
EEEvangelos Eleftheriou
Evangelos EleftheriouFounderEvangelos Eleftheriou is an IEEE and IBM Fellow with over 35 years of research experience at IBM Research – Zurich. He holds a PhD and Master's degree in Electrical Engineering from Carleton University and a BSc in Electrical & Computer Engineering from the University of Patras, Greece, and is co-founder and CTO of Axelera AI.
BV
Bram-Ernst VerhoefFounder
IP
Ioannis PapistasFounder

Investors · 13

Samsung Catalyst Fund✓ confirmed by Axelera AISan Jose

How we know: Samsung Catalyst Fund's portfolio page · the company's own site · axelera.ai · Not right? Tell us

Verve Ventures✓ confirmed by Axelera AIZürich · $300K – $2.2M

How we know: Verve Ventures's portfolio page · the company's own site · Not right? Tell us

BlackRock✓ confirmed by Axelera AINew York

How we know: the company's own site · axelera.ai · company funding news (hacker news) · Not right? Tell us

European Innovation Council Fund✓ confirmed by Axelera AI

How we know: the company's own site · axelera.ai · Not right? Tell us

Invest-NL✓ confirmed by Axelera AIAmsterdam

How we know: the company's own site · axelera.ai · Not right? Tell us

Bitfurylisted by Bitfury

How we know: Bitfury's portfolio page · axelera.ai · Not right? Tell us

CDP Venture Capitallisted by CDP Venture CapitalRoma

How we know: CDP Venture Capital's portfolio page · axelera.ai · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

imec.xpandlisted by imec.xpandLeuven · $270K – $5.4M

How we know: imec.xpand's portfolio page · the VCSheet dataset · Not right? Tell us

Kreos Capitallisted by Kreos CapitalLondon

How we know: Kreos Capital's portfolio page · Not right? Tell us

Also in the syndicate · 3

Federal Holding and Investment Company of Belgium (SFPIM)SiteGround CapitalVerve Investments

Funding

SEC filings, press & company announcements

$250M disclosed across 1 of 3 rounds · 2024–2026

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

AiseraAisera 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.
HailoHailo builds AI processors, including AI accelerators and AI vision processors, that run deep learning inference on edge devices. Its products serve applications across smart cities, automotive, manufacturing, agriculture, and retail, paired with a software suite for embedding machine learning in edge products.
IntelIntel 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.
NVIDIANVIDIA 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.
SoleraSolera provides software and data services for connected mobility and the automotive ecosystem, serving property and casualty insurers, commercial fleets, and state governments. Its offerings support vehicle claims, fleet operations, and related automotive data across international markets.

Companies working in the same space as Axelera AI.

In the news

Axelera AI Secures More Than $250 Million Funding on Global Commercial Growthaxelera.ai · Feb 2026$68 Million raised in Series B Funding | Axelera AIaxelera.ai · Jun 2024

Frequently 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, Bitfury, CDP Venture Capital and 2 more.
How much funding has Axelera AI raised?
Axelera AI has disclosed $250M raised across 1 of its 3 known rounds.
Where is Axelera AI headquartered?
Axelera AI is headquartered in Eindhoven, NL.