Loading...
Market
Axelera AI's total funding by end of 2024?
4
Resolution / Starting Odds
Less than $150M • 25%
$150M - $200M • 25%
$200M - $250M • 25%
More than $250M • 25%
Official announcements from Axelera AI or major financial news outlets
Story
Axelera AI Raises $68M in Europe's Largest Oversubscribed Series B Funding
Jun 27, 2024, 01:16 PM
Axelera AI, a startup specializing in AI processing units for computer vision inference workloads on the edge, has successfully closed an oversubscribed $68 million Series B financing round. This round, noted as Europe's largest oversubscribed Series B funding in the fabless semiconductor industry, brings Axelera's total funding to $120 million. The funds will be used to accelerate the development of next-generation artificial intelligence technologies and broaden their offerings from the edge to the cloud. The AI chip market is currently experiencing significant growth, and Axelera's recent funding highlights the increasing investment in this sector, as reported by TechCrunch.
View original story
Similar markets
Below $40 billion • 25%
$40-$50 billion • 25%
$50-$60 billion • 25%
Above $60 billion • 25%
Less than $2 billion • 25%
$2 billion to less than $4 billion • 25%
$4 billion to less than $6 billion • 25%
$6 billion or more • 25%
Under $50 million • 33%
$50 million to $100 million • 33%
Over $100 million • 33%
Less than $20 million • 25%
$20 million to $50 million • 25%
$51 million to $100 million • 25%
More than $100 million • 25%
Valuation under $60 billion • 25%
Valuation between $60 billion and $70 billion • 25%
Valuation between $70 billion and $80 billion • 25%
Valuation over $80 billion • 25%
Less than $30 billion • 25%
$30 billion to $39.9 billion • 25%
$40 billion to $49.9 billion • 25%
$50 billion or more • 25%
Less than $30 billion • 25%
$30 billion to $40 billion • 25%
$40 billion to $50 billion • 25%
More than $50 billion • 25%
Less than $3 billion • 25%
$3 billion to $5 billion • 25%
More than $5 billion • 25%
No fundraising completed • 25%
Less than $30 billion • 25%
$30 billion to less than $40 billion • 25%
$40 billion to less than $50 billion • 25%
$50 billion or more • 25%
$30 billion to $39.9 billion • 25%
$40 billion to $49.9 billion • 25%
Less than $20M • 25%
$20M to $40M • 25%
$40M to $60M • 25%
More than $60M • 25%