See other companies on Welcome to the Jungle

Axelera AI

AI hardware and software for edge computing

Axelera AI logo
101-200 employees
  • B2B
  • Artificial Intelligence
  • Manufacturing
  • Internet of Things
  • Computer Vision
Beemden, Eindhoven, Netherlands

Company mission

To spread artificial intelligence for a green, fair, trusted and safe world enabling new applications of AI in diverse sectors like smart cities, retail and other markets.

Our take

Axelera AI is a provider of AI-native solutions designed specifically for edge computing. The company's Metis AI platform offers a combination of advanced hardware and software, allowing computer vision applications to reach new heights of accessibility, power and user-friendliness.

What sets Axelera AI apart is its advanced in-memory computing and RISC-V controlled dataflow technology, enabling the development of first-generation AI acceleration platforms that deliver exceptional performance while significantly reducing cost and power consumption.

With a recent oversubscribed Series A funding round, Axelera AI is poised for global expansion and mass production of its AI-native hardware. The company's strategic partnerships and increasing market traction demonstrate the potential for significant growth in the semiconductor industry. Axelera also participated in the Embedded Vision Summit 2023, allowing it to showcase its Metis AI platform and demonstrate its industry leadership.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Remote/flexible work
  • Premium insurance
  • Commute benefit
  • Teambuilding activities
  • Premium Pension
  • Work-life balance
  • Cutting-edge equipment
  • Fresh fruit at the office
  • Modern equipped facilities

Company values

  • Customer Obsession: Place your customer, internal or external, at the centre of all actions and decisions
  • Move Fast: BE decisive, be constructive and relentlessly move forward
  • Freedom with Responsibility: Act free but always in the best interest of the company and the community
  • Make the Impossible Possible: Magic is just science that we don't understand yet. Be a magician!
  • Creating Problem Solving & Learning: For each problem there is a solution: find it! Be creative and constantly keep learning with every problem
  • Open Communication: Stand up and speak up bringing value to the conversation
  • Collaborative Ownership: There is no "mine" and "yours" but just "ours", in good and bad times
  • Integrity: Choose your thoughts and actions based on values rather than personal gain

Funding (last 2 of 5 rounds)

Jun 2024

$68m

SERIES B

Jun 2023

$2.7m

GRANT

Total funding: $132.7m

Leadership

Previously founded Bitfury and UP! Bridge The Gap, where they served as Managing Director. They also served as the VP and Managing Director at AAEON Technology Europe.

Graduated from Carleton University with a PhD in Electrical Engineering. Previously worked at IBM in multiple roles, including Cloud and Computing Infrastructure Department Head and Manager and Leader of Neuromorphic Computing Activities.

Jobs (5)

All locations

Software Engineering