Axelera AI Secures Over $250M in Record EU AI Semiconductor Investment

Axelera AI, an Edge AI hardware startup, has raised more than $250 million in its most recent funding round.

Orrick advised Axelera AI on the transaction.

THE COMPANY

Axelera AI is a European semiconductor leader developing advanced AI acceleration hardware for edge computing and data centre applications, driving the next generation of artificial intelligence across Europe.

THE IMPACT

As the largest investment ever made in an EU AI semiconductor company, this new capital will enable the company to scale its manufacturing operations, expand its customer success and partner networks, and further advance its software tools and software development kit.

As data centres reach their power and cooling limits, Axelera AI has designed its Edge AI architecture from the ground up to overcome these challenges. This approach makes large-scale AI deployment economically viable for real-world applications while ensuring data protection and privacy.

THE TEAM

The Orrick team is led by Attilio Mazzilli and includes Shawn Atkinson, Ginevra Rebecchini and Simone laoine.

LEARN MORE

• Axelera AI news release
• Read more Orrick client results