Working in the field of artificial intelligence Axelera AI, $68 million received investment. In the B series investment round of the Netherlands-based company Invest-NL Deep Tech, European Innovation Council, Innovation Industries Strategic Partners, Samsung Catalyst, Verve Ventures, Innovation Industries ve Fractionelera took place. Axelera AI announced that it will use the new investment for operational expansion and R&D activities.
The company in 2021 Fabrizio del Maffeo, Evangelos Eleftheriou, Marco Barbato, Giuseppe Garcea, Yi Lu, Felipe Augusto Chies ve Cyril Vancura was founded by Axelera AI is defined as a startup that offers hardware and software solutions in the field of Edge AI. Edge AI brings artificial intelligence capabilities to edge devices such as smartphones, cameras and robots. In this way, data is processed and decisions are made instantly without being sent to the cloud.
Axelera AI develops artificial intelligence software tools such as the Metis AI platform. This platform allows developers to easily design and build AI applications. Axelera AI offers support services to its customers regarding the installation, use and maintenance of its products.
The company offers innovative solutions in various sectors such as industrial automation, smart cities, autonomous vehicles, healthcare and retail. It develops special software and hardware solutions to optimize production lines and detect product defects in the field of industrial automation.
It develops environmental sensing and safe travel technologies for autonomous vehicles. It offers artificial intelligence-supported solutions for disease diagnosis, treatment optimization and patient monitoring in the healthcare industry. In the retail field, it analyzes customer behavior and produces data-driven solutions to offer personalized shopping experiences.
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