Axelera AI, a start-up based in Eindhoven, Netherlands, raised over $50 million in Series A funding for its development of a hardware + software solution for AI interference at the edge.
The company says its AI edge solution enables computer vision applications to become more accessible, powerful and user friendly than ever before.
In addition to its headquarters in Eindhoven, Axelera AI has R&D offices in Belgium, Switzerland, Italy and the UK, with more than 120 employees in 14 countries.
New investors include CDP Venture Capital, Verve Ventures and Fractionelera.
Source: Axelera
