Axelera AI
Eindhoven, NL · Founded 2021 · 289 employees on LinkedIn · 12 known investors
Find your way into Axelera AI
485 people in our graph share verified history with the Axelera AI team — schools, employers, funds. One of them is your warm intro.
Alessandro Tavecchiounlockedknows Fabrizio Del Maffeo · together at Università Bocconi (overlapped)
knows the team · via Università Bocconi
×3knows the team · via London Business School
knows the team · via Accenture
×4knows the team · via Politecnico di Milano
×2knows the team · via Carleton University
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.
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Fabrizio Del Maffeoin𝕏Chief Executive Officer, Co-FounderHe 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.
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Evangelos EleftheriouinChief Technology Officer, Co-FounderEvangelos 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.
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✓ verifiedWilmington
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 3 rounds · 2024–2026
- Undisclosed amountSeries BMar 2026Source ↗
- $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 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.
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 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 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 3 known rounds.
- Where is Axelera AI headquartered?
- Axelera AI is headquartered in Eindhoven, NL.