🎉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
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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
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Primair
HTC5, High Tech Campus
Eindhoven, 5656 AE , NL
Medewerkers van Axelera AI
Updates
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Looking to take your retail AI solutions to the next level? 🚀 Axelera’s Metis AI acceleration platform is designed for a range of retail formats, from compact pods to fully autonomous stores. Our platform offers seamless scalability and adaptability for your computer vision projects. With a focus on edge processing, all inferencing is done on-site, enhancing privacy and reducing data exposure. Integrate retail computer vision effortlessly with the Metis platform, accelerating deployment and driving innovation in the retail industry. Learn more 👉 https://lnkd.in/dbKXqRSv #RetailAI #AI #EdgeComputing #ComputerVision #Retail #artificialintelligence
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📽 Check out this video from Bram-Ernst Verhoef, showcasing our latest edge AI and vision technologies presented at the 2024 Embedded Vision Summit by the Edge AI and Vision Alliance last May. Discover the impressive capabilities of our Metis AIPU, delivering over 200 TOPs and enabling high-performance computer vision inference across multiple streams at high frames per second. This allows for fast and cost-effective computer vision inference. Watch it here: 👉 https://lnkd.in/dREw3NRW Ready to take your computer vision applications to the next level? Get the Metis Evaluation Kit today and boost your innovation:🚀 https://lnkd.in/dGshjU5c #AI #EdgeAI #ComputerVision #EmbeddedSystems #Innovation
Axelera AI Demonstration of the High Performance Achievable with the Metis AIPU
https://www.youtube.com/
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🚀 Looking to differentiate your offering with fast and reliable AI for Security and Surveillance? Deploying AI-based video analytics within a budget is a common challenge. Turning all cameras into smart AI sensors can reduce costs, improve efficiency, ensure security, and enhance customer experience. However, high costs per stream and lengthy deployments often limit AI applications to only a few cameras. Axelera AI Metis platform achieves the best price per stream performance while maintaining high accuracy and low power consumption. It accelerates your development cycles and AI software capabilities, reduces operational costs, and upholds the highest levels of accuracy and reliability in your Vision AI applications. Learn more → https://lnkd.in/dgXwy-dp #AI #Security #Surveillance #VideoAnalytics #Innovation #CostEfficiency
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🎉 We are excited to share that Axelera AI has been recognized by Lazard VGB AI Infra 40 as a leading growth-stage AI infrastructure company in the hardware/silicon segment. 🚀 The GenAI era presents an incredible market opportunity for AI infrastructure. Advances in Generative Artificial Intelligence and Machine Learning have the potential to generate substantial economic value globally. However, developing essential infrastructure faces challenges such as shortages in hardware, sustainable energy, training data, and talent. Innovators, including Axelera AI and others featured in the Lazard VGB AI Infra 40, are tackling these challenges with diverse solutions across the AI infrastructure stack. 🌐 Download the report here 📄: https://lnkd.in/efm6KZBh We appreciate Lazard for this recognition. We also extend our thanks to our dedicated team, partners, investors, customers, and community for their ongoing support. #AI #GenAI #MachineLearning #AIInfrastructure #Innovation #Tech #Sustainability #Industry40
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🚀 Want to differentiate your industrial equipment? AI in manufacturing provides a significant competitive advantage, boosting productivity in production lines and warehouses. Metis, Axelera AI’s acceleration platform, helps you adopt and accelerate edge AI in manufacturing, delivering unmatched AI performance for your machine vision and Industry 4.0 equipment. Learn more → https://lnkd.in/eq3TWa2v #AI #Manufacturing #Industry40 #MachineVision #EdgeAI #Productivity #Innovation #Technology #Automation #SmartManufacturing
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✨ Celebrating 15K Followers! ✨ Thank you for your support and for being part of our community. Looking forward to more milestones ahead. 🍾 🥂 #AI #Followers #lifeatAxeleraAI #artificialintelligence
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📽 Check out this video from the 2024 Embedded Vision Summit - Edge AI and Vision Alliance, where Bram-Ernst Verhoef presents our AI and vision technologies. He provides an in-depth overview of our Metis AI Platform and demonstrates the computer vision applications powered by Axelera AI's Metis AIPU accelerators. Watch it here: 👉 https://lnkd.in/d7FrXKy7. Ready to build your next-generation computer vision applications? Order your Metis Evaluation Kit today and accelerate your innovation: 🚀https://lnkd.in/dGshjU5c #AI #EdgeAI #ComputerVision #EmbeddedSystems #Innovation #TechSummit
Axelera AI Demonstration of Computer Vision Applications Based on the Metis AIPU
https://www.youtube.com/
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🚀 Don’t miss out next week! 🚀 Our CEO, Fabrizio Del Maffeo, will deliver an inspiring keynote talk at #ACACES24 in Fiuggi, Italy. He will share his experience and lessons learned in building Axelera AI from an idea to a successful company. Axelera AI is proud to be the largest AI fabless semiconductor company in Europe, with over 180 team members across 15 countries, 60 PhDs, and $120M in investments within just 3 years. Fabrizio will share our journey from the initial idea to where we are today, covering our successes, failures, and the valuable lessons we've learned along the way. ACACES Summer School, organized by the HiPEAC Network, is celebrating its 20th edition. This prestigious event brings together computer architects and tool builders in the field of high-performance computer architecture and compilation for computing systems. It's a fantastic opportunity to disseminate advanced scientific knowledge and foster international connections among scientists from academia and industry. Don’t miss out on this insightful keynote! 📍Fiuggi, Italy 🗓️ July 15 🕘 21:00 For more info, visit: https://lnkd.in/ds39YQmb #AI #Semiconductor #Keynote #TechLeadership #Innovation
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🎉Exciting news! Axelera AI has been featured in EE Times | Electronic Engineering Times' Silicon 100: Startups Worth Watching in 2024, under the Edge AI category, for the second year in a row. This recognition reflects our team's efforts in simplifying #EdgeAI. The 24th edition of the Silicon 100 explores the rapid advancements in #AI, the emergence of #chiplets, the groundbreaking potential of #quantum technologies, and much more! ⚡ Thanks to EE Times for this recognition, and a special shout-out to our incredible team, partners, investors, customers and community for their unwavering support. Stay tuned – the best is yet to come! 🚀 Download the free copy here https://lnkd.in/gwuSJ2fQ #TechInnovation #StartupSuccess #FutureTech #QuantumComputing #Silicon100 #Innovation #Technology
Silicon 100: Startups Worth Watching in 2024 - EE Times
https://www.eetimes.com