Axelera AI

??Today is an exciting day for Axelera AI! We have announced the successful close of an oversubscribed $68 million Series B financing round - Europe's largest oversubscribed Series B funding round in the fabless semiconductor industry. ? ?? This tremendous milestone is a testament to the growth and success we’ve had as a company. In just three years, we have raised a total of $120 million and have built a world-class team of 180+ employees (including 55+ PhDs with more than 40,000 citations). We have also launched our Metis? AI Platform, which achieves a 3-5x increase in efficiency and performance, and have visibility into a strong business pipeline exceeding $100 million. This success has attracted diverse global funding from venture capital, sovereign wealth, and pension funds. ? We would like to thank the major institutional investors involved in this round, including Invest-NL Deep Tech Fund, the European Innovation Council and SMEs Executive Agency (EISMEA) Fund, Innovation Industries Strategic Partners Fund (backed by Dutch Pension Funds PMT and PME, administered by MN), and Samsung Catalyst Fund, along with existing investors Verve Ventures, Innovation Industries, Fractionelera, and the Italian sovereign fund CDP Venture Capital SGR. We would also like to thank those who contributed to previously raised funds, including the innovation credit from RVO - Netherlands Enterprise Agency , and equity investment from Bitfury, CDP Venture Capital, Federal Holding and Investment Company of Belgium (SFPIM),imec, imec.xpand, and Innovation Industries. ? We would also like to thank the entire Axelera AI team. This achievement would not have been possible without our incredible executives, board of directors and employees. ? We are tremendously excited for what’s ahead as we continue our global growth, expand into new markets, accelerate product development and emphasize Axelera AI’s position as the AI industry’s partner of choice to unlock innovation. ? Learn more about this exciting milestone in this press release → https://lnkd.in/dhdgFMbC ? Fabrizio Del Maffeo, Charles Mander, Evangelos Eleftheriou, Flavio Devide', Olivia Hughes, Jonathan Ferguson, Marco Barbato, Ioannis Koltsidas, Meghna Singh, Hugh Brown, Inder M. Singh Jonathan Ballon, Sander Verbrugge,?Cyril Van?ura, Massimo Vanzi, Valery Vavilov ? #GenerativeAI #ArtificialIntelligence #AI #MachineLearning #Funding #StartupFunding #ComputerVision #VisualAI #VentureCapital #VC

Next week, our Director of Silicon, Giuseppe Garcea, will take the stage at the Workshop FIRE FPGA, organized by SURF, on December 6th, 2024. ?? Giuseppe will deliver an insightful session on Simplifying and Accelerating AI at the Edge ??, focusing on how Axelera AI is advancing purpose-built AI hardware acceleration for computer vision and generative AI inference. ? Key highlights of his talk: ?? Introducing the Metis? AI platform, Axelera AI’s groundbreaking hardware and software solution for Edge AI inference. ?? How the Metis? AI platform delivers world-class performance and usability while dramatically reducing power consumption and costs compared to alternative solutions. ?? Date: December 6, 2024 ?? Time: 11:00 – 11:30 ?? Location: SURF, Utrecht, Netherlands ? ?? About the Workshop: SURF and the Hardware Acceleration Network community are hosting this event, focusing on Innovative Architectures of HW Accelerator Systems. The workshop features exciting presentations from industry leaders and cutting-edge startups driving advancements in hardware acceleration. ? Don’t miss this chance to explore the future of hardware acceleration and network with experts in the field. Check out event details here https://lnkd.in/dPi-aSvP #AI #EdgeComputing #HardwareAcceleration #ComputerVision

Happy Thanksgiving to our partners, customers, suppliers, and everyone in the United States! ?? We appreciate your support and collaboration as we continue to work towards advancing AI together. Wishing you a wonderful holiday filled with gratitude and celebration. ?? #Thanksgiving #AxeleraAI #Gratitude

“?????? ???? ?????? ?????????????????? ???? ???????? ???????? ???????????????? ???? ???????? ???? ???????? ???? ???????? ???????? ?????? ????????????????????” That was one piece of advice shared in last week’s webinar from TNW – ?????????????? ??????. Our CEO, Fabrizio Del Maffeo spoke with Doreen Huber, Partner at EQT Ventures, and Martine Rooth, Serial Entrepreneur and Part-Time Co-Founder & Shareholder at Smiler, in a session titled: The Blueprint for Scaling Success. The webinar explored the strategies and decisions that drive startup growth, focusing on key topics such as identifying market opportunities, building strong teams, and scaling operations effectively. Some of our favourite takeaways include: ?? "?????? ???? ?????? ?????????????????? ???? ???????? ???????? ???????????????? ???? ???????? ???? ???????? ???? ???????? ???????? ?????? ????????????????????, ?????? ???????? ???? ???????? ?????? ?? ?????????????? ???? ?????????? ???????? ????. ???? ???????? ???? ???? ???????????? ?????????????? ?????? ???????? ?????? ?????????? ???? ?????? ??????????????, ?????? ???? ?????? ????????????????????." ?? "?????? ???????? ???? ???????? ?????????????????????? ????????????. ?????????????????? ???????????? ?????????? ???? ?? ??????????. ?????? ???????????? ?????????? ???????? ??????????????????; ?????? ???????? ???????? ???? ???????? ?????? ?????????? ???????????? ???????? ?????? ?????????? ???????????????? ?????? ?????? ???????? ???? ??????????." ?? "?????????????? ?? ?????????????? ???? ?????????? ?????????? ??????????????????, ???????????? ??????????, ?????? ???????????????????? ?????????????????????? ????????????????." If you missed it, you can catch the full webinar here: https://lnkd.in/eD3XkFHs #startup #artificialintelligence #leadership #scaling #entrepreneurship #growthstrategy #businessdevelopment #innovation #teambuilding #unicorn

Join our Director of Customer Engineering & Success, Bram-Ernst Verhoef, next week as he participates in two sessions on December 4, 2024, at the upcoming inVISION News Days 2024 – Digital Conference for Machine Vision. ? ?? 15:10 CET He will give a presentation during the EMVA Innovation session, discussing Accelerating Computer Vision. ? ?? 15:30 CET He will join a panel discussion on AI Accelerators for Machine Vision – Overcoming Barriers, featuring industry experts such as Maurice van der Aa (Advantech / EMVA - European Machine Vision Association), Jerome Gigot (Ambarella Inc.), and Christian Parr (MVTec Software GmbH). ? Topics will include: ?? AI Accelerators for Machine Vision ?? Guidance on choosing the right technology for your needs ?? Learn more and register for free at: www.invdays.com ? #machinevision #inspection #computervision #ai #imageprocessing #edgecomputing #robots #patternrecognition #cameras #fpga #machinelearning #embeddedsystems

?? Don’t miss out! Tomorrow, November 27, our CEO, Fabrizio Del Maffeo, will take the stage at Empowering Tomorrow: Axelera AI's Vision for a Smarter World, hosted by Kickoff EHV in collaboration with Serpentine AI. After the talk, join the networking session—a fantastic chance to connect with Fabrizio and exchange ideas and insights. ??

?? What an incredible experience at SC Conference Series -SC24 in Atlanta last week! ?? A huge thanks to our customers, partners, and everyone who visited our booth and expressed interest in Axelera AI and our Metis AI Platform. ?? Here are some highlights from the event: ?Engaging with the high-performance computing community. ?Attending impactful sessions and discussions that gave us key insights into market trends and innovations. ?Networking with industry leaders and receiving tremendous interest in how Axelera AI is shaping the future of high-performance AI inference. If we missed you at SC24, don’t worry—our journey continues at these upcoming events: ? ?? SEMI Japan 2024 ?? December 11–13, 2024 ?? Tokyo Big Sight, Japan ???? Netherlands Pavilion, East Hall 3, Booth 3622 ? ?? #CES 2025 ?? January 7–10, 2025 ?? Las Vegas, USA ?? Booth: EIC Pavilion - Tech West, Venetian Expo, Level 1, Hall G, 60633 (Eureka Park) ?? Meeting Room: Suite 29-215, Venetian Tower. Book a Meeting with us https://lnkd.in/dVbDHCY2 ? We can’t wait to connect with you and continue sharing our vision for the future of AI innovation. See you there! ? #ArtificialIntelligence #AI #Innovation #HighPerformanceComputing #MachineLearning #EdgeComputing #FutureOfAI #TechEvents #AIResearch #SC24

Axelera AI is heading to SEMI Japan 2024 next month! ? This event brings together the semiconductor manufacturing supply chain to explore trends, insights, and innovations driving digital transformation. We’re looking forward to discussing our high-performance, low-power, and cost-efficient inference solutions and connecting with the Asian market. ? ?? Dates: December 11-13, 2024 ?? Location: Tokyo Big Sight, Japan ??? Booth: High Tech NL Semiconductors Netherlands Pavilion, East Hall 3, Booth 3622 ? If you’re attending, we’d be happy to meet and share more about our solutions. ? More info: https://lnkd.in/gpRzVEf ? #SemiconJapan #AI #Semiconductors #IoT #AutomotiveTech #Innovation #EdgeAI

?? We’re having an incredible time at SC Conference Series - #SC24 in Atlanta! From insightful learning sessions to networking with industry experts, this event has been amazing. If you haven’t visited us yet, there’s still time! Stop by Hall B – Booth 4623 at the Georgia World Congress Center and experience our Personal Protective Equipment Detection Demo. ? ?? We’ll be here until November 22, 2024—don’t miss out on the chance to connect with us! ? Our on-site team—Fabrizio Del Maffeo, Evangelos Eleftheriou, Pascal Alexander Hager, Bert Moons, Florian Zaruba, Gianna Paulin, David Marks, and Sander Arts—is ready to share how Axelera AI is leading the way in high-performance AI inference. Let’s connect! ?? ? #ArtificialIntelligence #AI #Innovation #HighPerformanceComputing #MachineLearning #EdgeComputing #FutureOfAI #TechEvents #AIResearch ?

Last week was productive, filled with exciting events and meaningful engagements, culminating in a strong finish at SEMI Europe. ?? We truly appreciate everyone who visited our booth and took the time to explore Axelera AI's inference solutions. ?? The event gave us valuable insights and opportunities to forge meaningful connections. ?? ? ?? Event Highlights: ??? Demonstrated our 16-stream setup: 3 live and 13 pre-recorded streams powered by YOLOv5s detection and a multi-object tracker. This setup showcased impressive throughput and minimal latency on a single Axelera AI accelerator while maintaining low CPU utilization. ?? Connected with professionals and experts across the semiconductor industry, sharing knowledge and ideas. A special thanks to High Tech NL Semiconductors for their support and seamless organization during the event. ?? We’re excited to build on these experiences as we continue to drive innovation in #EdgeAI and #ArtificialIntelligence. ?? ? #AI #AIAcceleration #Semiconductors #Innovation #ComputerVision #AxeleraAI