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Dutch semiconductor startup Axelera AI raises USD 12 mln in seed investment

Thursday 16 September 2021 | 11:11 CET | News
Dutch AI semiconductor startup Axelera AI said it raised USD 12 million from a seed investment round led by Bitfury, a security specialist for Bitcoin Blockchain, and cryptocurrencies and blockchains in general. Imec also joined the round, as did Innovation Industries and imec.xpand. Axelera AI said it will use the money to push the development of an industry-defining product powering AI applications at the edge.

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Categories: General
Companies: IBM / IMEC / Intel / Qualcomm
Countries: Netherlands / World
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