About Axelera AI
Axelera AI builds processors that run trained AI models, mainly for edge devices and servers. Its chips use digital in-memory computing, where arithmetic is carried out inside the memory array that stores the model weights, cutting the cost of moving data. They are paired with RISC-V processor cores. Its Europa chip is specified at up to 629 TOPS at INT8 precision, a measure of integer operations per second. Axelera was founded in 2021 and is based at the High Tech Campus in Eindhoven, the Netherlands.
Axelera AI was founded in 2021 and is based in Eindhoven, Netherlands. It is listed under AI Accelerators, Edge Computing, In-Memory Computing. Reported funding is Series C closed Feb 2026; $450M+ total raised.
Compute Technologies
- AI Accelerators
- Edge Computing
- In-Memory Computing
What Axelera AI works on
AI Accelerators
An AI accelerator is a chip, or a part of a chip, designed to run machine learning faster or with less energy than a general-purpose processor. The category includes GPUs, TPUs, neural processing units (NPUs) and chips from many startups.
Edge Computing
Edge computing means processing data close to where it is produced, on a device or a nearby server, instead of sending everything to a distant cloud data center. In chip terms, edge processors are small, low-power chips that run software and AI models inside phones, cameras, cars and sensors.
In-Memory Computing
In-memory computing does calculations inside or right next to the memory that stores the data, instead of copying the data to a separate processor. It is also called processing-in-memory (PIM) or compute-in-memory.
