Axelera AI@AxeleraAI
Today, we announced more than $250 million in new funding, led by Innovation Industries with BlackRock and SiteGround Capital joining as new investors alongside many of our original backers doubling down. Total capital raised now exceeds $450 million, making this the largest investment ever in an EU AI semiconductor company.
This funding isn't the story. It's a signal that the problem we set out to solve is real, urgent, and large.
Most edge AI deployments today are still being built with hardware that wasn't designed for the job. Adapted datacenter chips, power budgets that don't survive procurement, thermal constraints that kill reliability in the field. The gap between what AI can do and what actually works in production is still enormous. That's the problem we set out to solve.
Shipping to our 500th customer across manufacturing, retail, defense, robotics, and agritech tells us we're on the right track. And we're just getting started.
Here's what comes next:
Metis continues to scale globally, giving customers the performance they need within the power and thermal budgets of physical AI.
Europa, our next-generation AIPU at 629 TOPS of INT8 performance, begins PCIe accelerator shipments in the first half of 2026. Workloads that were cloud-only are about to run at the edge.
Then, Titania, backed by the €61.6M EuroHPC DARE grant, will extend our architecture into HPC and data center environments.
And our Partner Accelerator Network keeps growing, because hardware alone doesn't win. The ecosystem around it does.
None of this happens without the partners, customers, investors, and employees who believed in what we were building before it was obvious. Thank you.
It's still day one, and we're just getting started.
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