Axelera AI
Axelera
Axelera, founded in 2021 in Amsterdam, Netherlands, develops chips for processing AI applications.
About
Axelera, founded in 2021 in Amsterdam, Netherlands, develops chips for processing AI applications. Its defining hardware stack features RISC-V instruction set architecture (ISA) and compute-in-memory technology, competing with companies such as NeuroBlade, MemVerge, GigaSpaces, Hazelcast, H2O.ai, and Tenstorrent.
Technology & BusinessWhat · How · Which stage
Stack Layer芯片HighEvidence
AI 芯片，RISC-V ISA + 内存计算
Source：Official site · Updated 2026-09-10 · View source
Technology Path存算一体/模拟HighEvidence
AI 芯片，RISC-V ISA + 内存计算
Source：Official site · Updated 2026-09-10 · View source
Deployment边缘HighEvidence
AI 芯片，RISC-V ISA + 内存计算
Source：Official site · Updated 2026-09-10 · View source
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Company· 12
Investor· 10
Founders / team· 1
Funding history
- 2026-03New funding round$250M
Investors · Innovation Industries, SiteGround Capital, BlackRock, Federal Holding, Investment Company of Belgium, EIC Fund, Verve Investments, CDP Venture Capital, Samsung Catalyst Fund, Invest-NL, BitfurySource · SVTR Weekly #146 ↗
- 2024-06Series B$68M
Investors · Innovation Industries Strategic Partnership Fund, EIC Fund, Samsung Catalyst Fund, Invest-NL, Holly Ventures, Index Ventures, Team8Source · SVTR Weekly #059
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Axelera AI
Develops chips for processing AI applications
$450M · 2026-03
$450M
United States
BusinessLatest roundTotal raisedDate- MatX
Develops computer chips designed specifically to run AI applications more efficiently
Series B · $630M · 2026-03
$630M - Rivos
Develops server technology based on the RISC-V architecture, aimed at enhancing data analytics and generative AI applications
Series A · $250M · 2024-04
$250M - Tensordyne
Develops low-power AI computing products and technology for autonomous vehicles
Undisclosed · $175M · 2024-02
$175M
China
BusinessLatest roundTotal raisedDate- 银牛微电子
Developer of AI chips for vision processing
Series A · $69M · 2023-12
$69M - Enflame
Cloud AI training and inference chips, AI accelerator cards and modules, intelligent computing systems and clusters, AI computing and programming software platforms
IPO · $1.3B · 2026-09
$1.3B - SG Micro Corp
Develops and sells analog integrated circuits (signal chain and power management chips).
$590M
$590M
Europe
BusinessLatest roundTotal raisedDate- Olix
Photonic AI inference chip (DX-1/optical tensor processing unit) that uses SRAM plus photonic interconnects to bypass the HBM bottleneck, with accompanying optical networking and rack-scale systems
Series B · $532M · 2026-08 · Valuation $3.3B
$532MValuation $3.3B - Fractile
Compute-in-memory AI inference chips and complete systems for data centers
Series B · $236M · 2026-05
$236M - Ubitium
General-purpose reconfigurable RISC-V processor for physical AI (sensing, AI inference and real-time control on a single chip)
Seed · $18M · 2026-10
$18M
Other / unspecified
BusinessLatest roundTotal raisedDate- Tenstorrent
Develops processors and software that enhance AI and machine learning capabilities
Undisclosed · $793M · 2024-12
$793M - DEEPX
On-device AI chips (NPUs, or neural processing units), with hardware and software for AI applications in electronic devices
Series C · $80M · 2024-05
$80M - Rebellions
Designs the AI inference chip Rebel100 along with companion servers and full racks, for telecom operators and data centers to run agent inference
Pre-IPO · $898M · 2026-03 · Valuation $2.3B
$898MValuation $2.3B
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
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