Large funding round for AI semiconductor company Axelera AI

The round emphasizes the international confidence in Axelera AI and its technology, with Innovation Industries as the lead investor and including participants such as BlackRock and Wealthberry. The company develops energy-efficient AI chips and combines high-quality chip architecture with an integrated software stack. This addresses the growing demand for powerful, affordable, and scalable AI infrastructure.

Boost for the Dutch ecosystem

A strong semiconductor sector is essential for the innovation capacity and competitiveness of the Netherlands. Investments in such companies strengthen the ecosystem and create new business activity around high-tech technologies.

Axelera AI is active at the heart of the Dutch semiconductor landscape. With its AI accelerator chips and an integrated software stack, the company is building high-quality technology that is developed in the Netherlands and applied internationally.

With this funding, Axelera AI can continue its product development and international rollout. This represents a next step in the further growth of AI and semiconductor activities.

Long-term involvement of Invest-NL

The Deep Tech Fund invests € 20 million in this round, participating again as an existing shareholder. The total funding round consists of equity, debt, and grants.

Johan Stins, senior investment manager at Invest-NL: “This round is exceptional in size and underscores the international confidence in Axelera AI. With energy-efficient AI accelerators and an integrated software stack, Axelera AI is building affordable and scalable AI infrastructure that is developed in Europe and can compete worldwide. This strengthens the European competitive position and helps safeguard strategic autonomy in a market that is becoming increasingly critical for our economy and security.”