Innovation Industries
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Axelera AI raises EUR 237.5m for edge chips
Eindhoven-based Axelera AI has raised EUR 237.5 million in a funding round led by Innovation Industries with participation from BlackRock and SiteGround. The capital backs scaling its Europa edge AI inference chips and software stack ahead of a planned launch before June 2026.
Axelera AI raises EUR 237.5m for edge AI chips
Dutch AI chip company Axelera AI has secured EUR 237.5 million in funding from a syndicate including Innovation Industries, BlackRock and the EIC Fund to scale product and go-to-market.