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Axelera AI

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Updated Mar 24, 2026

Axelera AI's full profile: funding, valuation, competitors, and the people behind the company.

🇳🇱NetherlandsSeries BAI Infrastructure

Out of 100

🇳🇱

HQ

Netherlands

🗓

Founded

2021

💰

Raised

$433M

🏷️

Stage

Series B

👥

Team

150

Axelera AI is a Dutch AI infrastructure company founded in 2021 that designs specialized hardware and software solutions for efficient artificial intelligence deployment. The company develops energy-efficient processors and acceleration platforms specifically optimized for edge AI and inference workloads, targeting applications where power consumption and latency are critical constraints.

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Key Facts

  • Axelera AI has raised a total of $433M in disclosed funding across 2 funding rounds.
  • Axelera AI was founded in 2021 by Fabrizio Del Maffeo and is headquartered in Netherlands.
  • Axelera AI employs approximately 150 people.
  • Axelera AI operates in the AI Infrastructure category and is currently at the Series B stage.
  • Axelera AI has an Awaira Score of 62/100, ranking it among the tracked AI companies on Awaira.
  • Axelera AI's most recent funding round was a Series B of $170M closed in June 2023, led by Qualcomm Ventures.

Source: Awaira · Updated Mar 24, 2026

N/A

Post-money

$433M

All rounds

62/100

2021

150 employees

Strengths

Strong Awaira Score of 62/100

Growing team of 150 employees

Considerations

!

Valuation not publicly disclosed

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

$100M

Avg Round Size

1.4yr

Funding Span

Axelera AI raised 2 rounds over 1.4 years, averaging $100M per round — a pace of roughly one round every 9 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$20M–$100M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Axelera AI stack up against competitors?

MetricAxelera AICoreWeaveGraphcoreNebius
Awaira Score62/10095/10085/10084/100
Total Raised$433M$2.38B$767M$2B
ValuationN/A$49B$600M$25B
StageSeries BPublicAcquiredPrivate
Founded2021201720162023
Employees1501800500-10001,000
Country🇳🇱🇺🇸🇬🇧🇳🇱
F

Fabrizio Del Maffeo

Founder & CEO

View founder profile →
StageSeries B
Employees150
Country🇳🇱 Netherlands
Connect
Inactive
2 rounds
Series BLatest

Led by Qualcomm Ventures

$170M

Jun 2023

Series A

Led by Qualcomm Ventures

$30M

Jan 2022

Frequently Asked Questions

What is Axelera AI's valuation?
A confirmed valuation hasn't been made public. This is common for Series B-stage companies in the AI Infrastructure sector.
Who invested in Axelera AI?
Qualcomm Ventures, Declarative Capital, Danone Manifesto Ventures, BASF SE, Prologis are among the backers. Together, they've contributed to the company's growth in the AI Infrastructure sector.
When did Axelera AI last raise funding?
Last raise: a Series B of $170M in June 2023. The round was led by Qualcomm Ventures.
How many employees does Axelera AI have?
Around 150 people work there, with headquarters in Netherlands.
What does Axelera AI do?
Axelera AI is a Dutch AI infrastructure company founded in 2021 that designs specialized hardware and software solutions for efficient artificial intelligence deployment. The company develops energy-efficient processors and acceleration platforms specifically optimized for edge AI and inference workloads, targeting applications where power consumption and latency are critical constraints. The company operates in the AI Infrastructure sector from Netherlands.
Who founded Axelera AI?
Fabrizio Del Maffeo founded the company in 2021 in Netherlands. Fabrizio Del Maffeo serves as Founder & CEO.
Is Axelera AI profitable?
Profitability data isn't available in public filings. The company has raised $433M in total funding and operates at the Series B stage.
Where is Axelera AI headquartered?
The headquarters sit in Netherlands 🇳🇱 and was established in 2021. It competes in the AI Infrastructure sector.
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