🎉Today is an exciting day for Axelera AI! We have announced the successful close of an oversubscribed $68 million Series B financing round - Europe's largest oversubscribed Series B funding round in the fabless semiconductor industry. 🚀 This tremendous milestone is a testament to the growth and success we’ve had as a company. In just three years, we have raised a total of $120 million and have built a world-class team of 180 employees (including 55 PhDs with more than 40,000 citations). We have also launched our Metis™ AI Platform, which achieves a 3-5x increase in efficiency and performance, and have visibility into a strong business pipeline exceeding $100 million. This success has attracted diverse global funding from venture capital, sovereign wealth, and pension funds. We would like to thank the major institutional investors involved in this round, including Invest-NL Deep Tech Fund, the European Innovation Council and SMEs Executive Agency (EISMEA) Fund, Innovation Industries Strategic Partners Fund (backed by Dutch Pension Funds PMT and PME, administered by MN), and Samsung Catalyst Fund, along with existing investors Verve Ventures, Innovation Industries, Fractionelera, and the Italian sovereign fund CDP Venture Capital SGR. We would also like to thank those who contributed to previously raised funds, including the innovation credit from RVO - Netherlands Enterprise Agency , and equity investment from Bitfury, CDP Venture Capital, Federal Holding and Investment Company of Belgium (SFPIM),imec, imec.xpand, and Innovation Industries. We would also like to thank the entire Axelera AI team. This achievement would not have been possible without our incredible executives, board of directors and employees. We are tremendously excited for what’s ahead as we continue our global growth, expand into new markets, accelerate product development and emphasize Axelera AI’s position as the AI industry’s partner of choice to unlock innovation. Learn more about this exciting milestone in this press release → https://lnkd.in/dhdgFMbC Fabrizio Del Maffeo, Charles Mander, Evangelos Eleftheriou, Flavio Devide', Olivia Hughes, Jonathan Ferguson, Marco Barbato, Ioannis Koltsidas, Meghna Singh, Hugh Brown, Inder M. Singh Jonathan Ballon, Sander Verbrugge, Cyril Vančura, Massimo Vanzi, Valery Vavilov #GenerativeAI #ArtificialIntelligence #AI #MachineLearning #Funding #StartupFunding #ComputerVision #VisualAI #VentureCapital #VC
Axelera AI
Productie halfgeleiders
Creating a powerful, efficient and competitive AI-native hardware & software platform for edge computing
Over ons
Axelera AI delivers an AI-native game-changing hardware and software platform to accelerate artificial intelligence. Headquartered in the AI Innovation Center of the High Tech Campus in Eindhoven, Axelera AI has R&D offices in Belgium, Switzerland, UK and Italy and operations in 15 European countries . Its team of experts in AI software and hardware hail from top AI firms and Fortune 500 companies.
- Website
-
https://axelera.ai/
Externe link voor Axelera AI
- Branche
- Productie halfgeleiders
- Bedrijfsgrootte
- 51 - 200 medewerkers
- Hoofdkantoor
- Eindhoven
- Type
- Particuliere onderneming
- Opgericht
- 2021
- Specialismen
- Artificial Intelligence, Edge Computing, Computer Vision en Machine Learning
Locaties
-
Primair
HTC5, High Tech Campus
Eindhoven, 5656 AE , NL
Medewerkers van Axelera AI
Updates
-
Just 6 days to go until the AI Hardware & Systems Summit 2024 in San Jose, California 🌴🇺🇸! We invite you to join our Head of Product, Manuel Botija, for his presentation on Tuesday, September 10 @ 1 PM at the Demo Stage. He will discuss the Axelera AI Metis platform, focusing on its performance, efficiency, and comprehensive SDK for edge AI applications. Be sure to also catch our CTO, Evangelos Eleftheriou, on Thursday, September 12 @ 2:35 PM at the [Efficient Model Deployment & Serving Track], where he will present "Beyond the Edge: Revolutionizing AI Workloads with Axelera AI's Digital In-Memory Computing and RISC-V Technology." Visit our booth for a live demo of our 16-stream YOLOv5s and PPE detection. Our team members, including Erik Widjaja, David Marks, Manuel Botija, Evangelos Eleftheriou, Fabrizio Del Maffeo, Sander Arts, and Nadia Antheunis, will be there to connect and discuss our AI solutions and explore potential collaborations. 🗓️ Dates: September 10 – 12, 2024 📍 Location: Signia by Hilton, San Jose, CA, USA 📌Booth: No. 57 More info: https://lnkd.in/dux6XNTr #AI #EdgeComputing #RISC_V #InMemoryComputing #AIHardware #MachineLearning #TechInnovation #ArtificialIntelligence #EdgeAI
-
🔜 Join us next week as we participate in the TechBBQ Summit on September 11-12 in Copenhagen, Denmark. Our Chief of Staff, Hugh Brown, will present an update on our company's progress over the past six months. 🗓 Date: Wednesday, September 11th, 2024. 📍 Location and Time: Pitch session on ICT (10:30-11:30) at the EIC Booth. TechBBQ, now in its 12th year, is an event that brings together startups and professionals to discuss current trends in the tech industry and network in a relaxed environment. More info, visit → https://lnkd.in/drZzUTxY #TechBBQ #TechBBQ2024 #Startup #Innovation #Entrepreneurship #TechTrends #Networking #BusinessGrowth #TechCommunity #DigitalTransformation #Leadership
-
💫 Our CEO and Co-Founder, Fabrizio Del Maffeo, recently shared insights in an interview with Rishika Patel at AiThority.Com. The discussion covered the journey of Axelera AI, including our M.2 accelerator and our focus on improving edge AI performance using in-memory computing and RISC-V architecture. 🚀 Fabrizio also highlighted how our Metis AI Processing Unit is designed to support a wide range of AI applications efficiently. Check out the full interview here: 🎙️https://lnkd.in/dS6EPn8g #ArtificialIntelligence #MachineLearning #EdgeComputing #Innovation #Technology #AI #Startup #TechNews
-
🎉 Let's give a warm welcome to our latest team members! 👋 Sneha Kondur - Senior Customer Engineer 👋 Manuel Botija - Head of Product 👋 Enrico Corvaglia - Senior Engineer - AI Embedded Software 👋 Rachel Norris, MBA, FCCA, PRINCE II - Director - Financial Planning & Analysis 👋 Steven Hunsche - Customer Engineer 👋 John Wilkins - Director – Channel We're excited to have you all on board. Together, let's make the impossible possible!🚀 #newhire #lifeatAxeleraAI #artificialintelligence
-
A few weeks ago, we shared how System Electronics enhanced its warehouse operations with an AI-driven automated order-checking system for AS/RS pickers. In this video, Maria Vittoria Cavicchioli, Perception Engineer at Hipert , discusses the application of the computer vision software they developed for this warehouse automation system. Originally designed to verify orders picked in AS/RS warehouses, the system integrates Axelera AI Acceleration Hardware to boost efficiency. 📹 Check out the video here: https://lnkd.in/dqeVeQHk #AI #WarehouseAutomation #IndustrialAutomation #Innovation #ArtificialIntelligence #MachineLearning #Automation #Logistics
Developing Warehouse AI for automated order verification
https://www.youtube.com/
-
Don't forget to join us next week at SEMI Taiwan 2024 at TaiNEX 1&2 in Taipei, Taiwan! Our colleagues Giuseppe Garcea and A-Tang Fan will be there from September 4-6 to discuss our AI solutions, explore new opportunities, and connect with key players in the ecosystem. 🤝 Looking forward to meeting you there! For more ℹ️ https://lnkd.in/dpjvftf9 #SEMICONTaiwan2024 #AI #Microelectronics #Innovation #Technology #AIInnovation
-
Don't miss our CTO, Evangelos Eleftheriou at the AI Hardware & Systems Summit 2024, as he presents at the [Efficient Model Deployment & Serving Track]: Beyond the Edge: Revolutionizing AI Workloads with Axelera AI's Digital In-Memory Computing and RISC-V Technology. 🗓 When: Thursday, September 12, 2024, at 2:25 PM 📍Where: Signia by Hilton in San Jose, CA, USA Discover how Axelera AI is advancing AI inference workloads by integrating Digital In-Memory Computing (D-IMC) with RISC-V technology. This combination delivers a scalable, high-performance platform designed to tackle a wide range of AI tasks, from edge computing to new AI challenges, all while reducing energy consumption and operational costs. 🔗 More info: https://lnkd.in/dpKk7AAb Visit us at booth No. 57 from September 10-12, 2024, to explore our 16-stream demo featuring YOLOv5s and our Protective Equipment (PPE) in partnership with Fogsphere. Let’s discuss our latest AI solutions and explore potential collaborations. #AI #EdgeComputing #RISC_V #InMemoryComputing #AIHardware #MachineLearning #TechInnovation #ArtificialIntelligence #EdgeAI #AIHardware
-
📢 Blog Alert! Explore our latest blog by our Head of Product, Manuel Botija: 'Challenges and Opportunities of Machine Learning in Quality Control.' AI-driven vision inspection systems, crucial to Quality Control 4.0, enhance defect detection accuracy and efficiency. Manuel dives into the challenges and opportunities of applying machine learning in quality control, covering: ✅ Choosing the right AI algorithms ✅ Adapting to diverse manufacturing lines ✅ Fast and secure deployment ✅ Scaling and maintaining performance 🔗 Read more → https://lnkd.in/d6tjBK9k #MachineLearning #QualityControl #ArtificialIntelligence #Manufacturing #Industry40 #AI #VisionSystems #Inspection #AI #Automation
Machine Learning in Quality Control | Axelera AI
axelera.ai
-
Join us on August 30, 2024, for a lecture by our Bram-Ernst Verhoef on "Energy-Efficient Computing for Edge AI" at the Eindhoven Semiconductor Summer School (ESSS). 🗓 When: Friday, August 30, 2024, at 9:00 AM 🏛 Where: TU/e Flux Building, Room 1.02 The ESSS, organized by the EHCI – Eindhoven Hendrik Casimir Institute in collaboration with Eindhoven University of Technology (TU/e) and supported by partners such as ASML, TSMC, NXP Semiconductors, ASM, Axelera AI, Neways Electronics International NV, and Smartphotonics Ltd. , will take place from August 26-30, 2024. This summer academy will host 60 students and feature 16 lectures by industry and academic experts. It offers participants a comprehensive program in the semiconductor industry, providing opportunities to engage in challenging projects and closely collaborate with companies from the region, further enriching the learning experience while fostering new collaborations and exchanges. For more information, visit → https://lnkd.in/djE2SYMy #Semiconductors #EdgeAI #ArtificialIntelligence #TechInnovation #TUe #Eindhoven #AI