Axelera AI Raises $50M to Democratize Edge AI 

Axelera AI, the provider of the world’s most powerful and advanced solutions for AI at the Edge, announces new investors who have joined their oversubscribed Series A round, bringing the total amount raised to $50 million.

Advantech Partners with Axelera AI to Revolutionize Edge AI Technology

Advantech and Axelera AI are teaming up to bring the inference power of a data center to edge devices, providing customers with cutting-edge solutions that combine the best of Advantech’s expertise in the embedded and industrial PCs and Axelera AI’s disruptive edge AI technology.

Axelera AI Announces Metis AI Platform

European artificial intelligence (AI) startup Axelera AI announced today its MetisTM AI Platform, encompassing the Metis AI Processing Unit (AIPU) chip and the Voyager SDK software stack – available as cards, boards, and vision systems – to accelerate computer vision processing at the edge.

European AI Startup Axelera AI Closes $27 Million Series A

Since its inception and initial funding last year, Axelera AI successfully taped-out its first testbench chip, developed entirely in-house, proving the performance and efficiency of in-memory compute for AI computations [Link]. In just 14 months the company has also hired more than 80 team members, distributed between its headquarters at the High Tech Campus in Eindhoven (NL), its R&D offices in Leuven (BE) and Zurich (CH), its newest offices in Milan (IT) and Bristol (UK), and its Europe-wide remote locations.

Axelera AI Announces New Advisor Andreas Hansson

Andreas is an investor and advisor with experience from the entire company life cycle. He is an angel investor in several start-ups, and also serves on the Board of a number of public companies, including AutoStore, the leading automated storage and retrieval system provider, and as chair of the Board of Kahoot! ASA, a leading EdTech platform.