Axelera AI: Funding, Investors & Team (Sep 2026)
Axelera AI is developing a game-changing hardware and software platform for AI. Incubated in 2019 by the emerging technologies leader Bitfury and joined by the leading nano-technology group imec in early 2020, Axelera AI launched as a new company in 2021. Headquartered in the AI Innovation Center of the High Tech Campus in Eindhoven, Axelera AI has R&D offices in Belgium, Switzerland, and Italy. Its team of experts in AI software and hardware hail from top AI firms and Fortune 500 companies.
Axelera AI has raised $447M across 6 funding rounds on record, the most recent an undisclosed round of $250M announced in Feb 2026.
That round is above the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Axelera AI Company Profile and Key Stats
Latest funding round on record: Feb 2026.
Axelera AI Funding Rounds
Axelera AI raised $12.0M in a Seed announced in Sep 2021.
1.1 years later, a Series A of $27.0M was announced in Oct 2022.
7 months later, a Series A of $23.0M was announced in May 2023.
1.1 years later, a Series B of $68.0M was announced in Jun 2024.
9 months later, an undisclosed round of $66.5M was announced in Mar 2025.
11 months later, an undisclosed round of $250M was announced in Feb 2026.
Axelera AI Founders and Leadership Team
Contact details for the Axelera AI team: 1 of 2 have an email address on file.
Start 14-day free trial →Axelera AI Funding Compared to Other Artificial Intelligence Startups
Axelera AI's latest round of $250M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Axelera AI Funding FAQs
What does Axelera AI do?
Axelera AI is developing a game-changing hardware and software platform for AI. Incubated in 2019 by the emerging technologies leader Bitfury and joined by the leading nano-technology group imec in early 2020, Axelera AI launched as a new company in 2021. Headquartered in the AI Innovation Center of the High Tech Campus in Eindhoven, Axelera AI has R&D offices in Belgium, Switzerland, and Italy. Its team of experts in AI software and hardware hail from top AI firms and Fortune 500 companies.
How much funding has Axelera AI raised?
Axelera AI has raised $447M across 6 rounds on record. The most recent is an undisclosed round of $250M announced in Feb 2026.
When did Axelera AI last raise funding?
Axelera AI's most recent funding round on record is an undisclosed round of $250M, announced in Feb 2026.
Who founded Axelera AI?
FundedIQ lists Evangelos Eleftheriou (Founder) at Axelera AI.
Who is the CEO of Axelera AI?
Fabrizio Del Maffeo is listed as CEO at Axelera AI.
Where is Axelera AI headquartered?
Axelera AI is based in Eindhoven, Noord-Brabant, Netherlands.
How many employees does Axelera AI have?
Axelera AI is in the 11-50 employee band.
How does Axelera AI's funding compare to other Artificial Intelligence startups?
Axelera AI's latest round of $250M is above the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.
About FundedIQ's Axelera AI Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Axelera AI is left off this page rather than filled in.
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