Skip to main content

Axelera AI Funding Rounds & Valuation History (2023–2026)

Private Valuation & Funding Round Tracker · Axelera AI

Axelera AI funding rounds & valuation history

Axelera AI, the Eindhoven-based designer of AI inference accelerator chips and systems for edge and data-centre use. Funding from the Series A (incl. 2023 extension) to the Series C (Feb 2026), sourced to Tech.eu, Osborne Clarke, European Innovation Council and Axelera AI.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
More than $250M
More than $250M Series C, Feb 2026
Raised in rounds listed
$368M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
More than $250M
Series C, Feb 2026
Closed rounds listed
3
May 2023 to Feb 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
Axelera AI funding rounds, May 2023 to Feb 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series CNew investors BlackRock and SiteGround Capital; existing investors include Bitfury, CDP Capital, the EIC Fund and Samsung Catalyst Fund (Tech.eu). The EIC described it as more than €200 million.
More than $250M
Innovation Industries
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Tech.eu, 24 Feb 2026Also: Osborne Clarke, Feb 2026, European Innovation Council, 24 Feb 2026
Closed round
Series BBackers include Invest-NL Deep Tech Fund, the European Innovation Council Fund and the Innovation Industries Strategic Partners Fund (Axelera AI).
$68M
—Not disclosed
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Axelera AI, 27 Jun 2024
Closed round
Series A (incl. 2023 extension)Total for the oversubscribed Series A after new investors CDP Venture Capital, Verve Ventures and Fractionelera joined (Axelera AI).
$50M
—Not disclosed
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Axelera AI, 22 May 2023
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: fewer than two closed rounds have a disclosed valuation.

Sources: Tech.eu, Osborne Clarke, European Innovation Council, Axelera AI. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 22 May 2023 · Closed

    Series A (incl. 2023 extension): $50M.

  2. 27 Jun 2024 · Closed

    Series B: $68M.

  3. 24 Feb 2026 · Closed

    Series C: More than $250M led by Innovation Industries.

Still private: Axelera AI has not filed for an IPO and has not been acquired.

Cite this dataset

Free to quote with a link back. Copy this citation:

Axelera AI Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/axelera-ai/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
axelera-ai-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/axelera-ai-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed funding, grants and public R&D subsidies (including EU Chips/EuroHPC awards), and debt.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. Tech.eu: Dutch AI inference chipmaker Axelera AI raises $250M, 24 Feb 2026
  2. Osborne Clarke: Osborne Clarke has advised Bitfury Top HoldCo B.V. on the $250 million Series C investment in Axelera AI, Feb 2026
  3. European Innovation Council: Congratulations to Axelera AI, securing more than €200 million funding on global commercial growth, 24 Feb 2026
  4. Axelera AI: Axelera AI Raises $68 Million Series B Funding to Accelerate Next-Generation Artificial Intelligence, 27 Jun 2024
  5. Axelera AI: Axelera AI Raises $50M to Democratize Edge AI, 22 May 2023