# Axelera AI funding: rounds and investors

> Axelera AI has raised $250M across 1 round since 2026. Investors include Innovation Industries, EIC Accelerator and BlackRock. Every round with its source.

Source: https://millionrounds.com/company/axelera-ai (Millionrounds; every figure on the page links to its filing or article)

Netherlands · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Axelera AI*

One round we have observed, with the 10 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Semiconductors

Raised 8 months ago

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Funding summary Updated 5 Nov 2026

**$250M** raised across 1 round since 2026, from 2 sources

- **Latest round:** Series C, $250M Feb 2026
- **Led by:** Innovation Industries
- **Investors:** 10 (1 led)

See who backed them

## The rounds

- **Feb 2026** Series C **$250M** [Innovation Industries](https://millionrounds.com/fund/innovation-industries) Lead [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [BlackRock](https://millionrounds.com/fund/blackrock) [CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) [Invest-NL](https://millionrounds.com/fund/invest-nl) [Samsung Catalyst Fund](https://millionrounds.com/fund/samsung-catalyst-fund) [SFPIM](https://millionrounds.com/fund/sfpim) [Bitfury](https://millionrounds.com/fund/bitfury) [SiteGround Capital](https://millionrounds.com/fund/siteground-capital) [Verve Investments](https://millionrounds.com/fund/verve-investments) Reported by TechStartups and 1 other

## Founders and team

From Axelera AI's own website: 14 on the team.

- **Fabrizio Del Maffeo** Chief Executive Officer
- **Dipak Rao** Vice President, Channel & OEM Sales
- **Eke Bijzitter** Vice President, Legal
- **Jonathan Ferguson** Vice President, Silicon Engineering
- **Louis Mather** Vice President, Strategy
- **Louise Jacobs** Vice President, Finance
- **Manuel Botija** Vice President, Product Management
- **Tricia Dugan** Vice President, Americas Sales
- **Alexis Crowell** Chief Marketing Officer
- **Evangelos Eleftheriou** Chief Technology Officer
- **Marta Ostroumoff** Chief Financial Officer
- **Meghna Singh** Chief People Officer
- **Jean Vieville** Head of Business Development - Aerospace & Defense
- **Syamak Nazary** Director, Sales

## Everyone who backed them

[Innovation Industries](https://millionrounds.com/fund/innovation-industries) VC firm **1** round, led 1

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **1** round

[BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round

[CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) VC firm **1** round

[Invest-NL](https://millionrounds.com/fund/invest-nl) Private equity **1** round

[Samsung Catalyst Fund](https://millionrounds.com/fund/samsung-catalyst-fund) Corporate VC **1** round

[SFPIM](https://millionrounds.com/fund/sfpim) VC firm **1** round

[Bitfury](https://millionrounds.com/fund/bitfury) Investment firm **1** round

[SiteGround Capital](https://millionrounds.com/fund/siteground-capital) Growth equity **1** round

[Verve Investments](https://millionrounds.com/fund/verve-investments) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=axelera-ai).

## Also claim to have backed them

These 3 firms list Axelera AI as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[3LB Seed Capital](https://millionrounds.com/fund/3lb-seed-capital) VC firm Per its own site

[Bitfury Group](https://millionrounds.com/fund/bitfury-group) VC firm Per its own site

[Cryptic8 VC](https://millionrounds.com/fund/cryptic8-vc) VC firm Per its own site

## Quick answers about Axelera AI

### Who invested in Axelera AI?

Axelera AI's investors include Innovation Industries, EIC Accelerator, BlackRock, CDP Venture Capital and Invest-NL, and 5 more on record. Innovation Industries led its latest round.

### How much has Axelera AI raised?

Axelera AI has raised $250M across 1 round since 2026.

### When did Axelera AI last raise?

Axelera AI's most recent round was a Series C of $250M in Feb 2026, led by Innovation Industries.

### What was Axelera AI's biggest round?

Its most recent round, $250M in Feb 2026, is also its largest on record.

### Who backed Axelera AI first?

Axelera AI's first round on record, in Feb 2026, was backed by Innovation Industries, EIC Accelerator and BlackRock and 7 others.

### What stage is Axelera AI at?

Axelera AI's latest named round is a Series C, in Feb 2026.

### Where is Axelera AI based?

Axelera AI is based in the Netherlands.

### Who led Axelera AI's rounds?

Innovation Industries led the Series C in 2026.

## Companies like Axelera AI

In the same sector, and raised in the last eighteen months.

[**Context Labs** Nov 2026](https://millionrounds.com/company/context-labs)[**Braid** $45M · Oct 2026](https://millionrounds.com/company/braid)[**Nebius Group** $4.2B · Oct 2026](https://millionrounds.com/company/nebius-group)[**GasLab** $1.0M · Oct 2026](https://millionrounds.com/company/gaslab)[**Cordys Analytics** $942K · Sept 2026](https://millionrounds.com/company/cordys-analytics)[**Duqu** $1.7M · Sept 2026](https://millionrounds.com/company/duqu)

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