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Axelera AI raises $250 million!

  • February 24, 2026
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Axelera Team
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Many of you guys have been on the ride since we opened up here (even before), so I thought I’d share a heads-up that Axelera has announced a new funding round of over $250 million! That takes total funding to over $450 million since the company was founded in 2021, and is apparently the largest investment ever in an EU AI semiconductor company. 😮

The funding will go towards scaling manufacturing, expanding the partner network, and developing the SDK further, so good news for everyone here building on the platform! Thanks for being here with us!

Check out more of the details here.