Axelera AI raises €225.0M Series C round

24 February 2026· Eindhoven, Netherlands· manufacturing, defense, ai, industrial_software, b2b, software_hardware

Axelera AI will use the new funding to grow its manufacturing operations, enhance its customer support team and partner network, and further develop the software tools and SDKs for its edge-first inference chips

Data centres are hitting power and cooling limits, and as analytics move closer to where data is being created, edge AI solutions must operate within strict energy and bandwidth constraints. We designed our architecture from the ground up to overcome these obstacles. Our edge-first approach isn’t just about efficiency; it’s about making AI deployment economically viable at scale for real-world applications while protecting data and privacy by processing customer information locally.

Fabrizio Del Maffeo, CEO and co-founder

Investors

LeadInnovation Industries
Also participating
CDP Venture CapitalEuropean Innovation Council FundInvest-NLBlackRockSamsung Catalyst FundSiteGround CapitalBitfuryFederal Holding and Investment Company of Belgium (SFPIM)Verve Investments

About Axelera AI

Headquarters
Eindhoven, Netherlands
Founded
2021
Team Size
201–500
Sectors
manufacturingdefenseaiindustrial_softwareb2bsoftware_hardware

Source: https://sifted.eu/articles/axelera-ai-raises-250m-to-take-on-nvidia/