AI chip startup Axelera lands $27M in capital to commercialize its hardware

10/26 05:46

According to TechCrunch, Axelera, an AI chip company incubated by crypto mining company Bitfury, has raised $27 million in Series A round led by Innovation Industries, with participation from Imec xpand and the Federal Holding and Investment Company of Belgiu, and the financing will be used for its hardware commercialize. In addition, the Netherland Enterprise Agency awarded Axelera AI a $6.7 million loan commissioned by the Ministry of Economic Affairs and Climate Policy. Axelera is working to develop AI acceleration cards and systems for use cases like security, retail and robotics that it plans to sell through partners in the business-to-business edge computing and Internet of Things sectors.
bullishbullishbullish3bearishbearishbearishBearishSukaBagikan
PenafianKonten diatas tidak merepresentasikan posisi HTX.HTX tidak memberikan rekomendasi perdagangan apa pun.

Artikel Terkait

  • Image

    Bitcoin whales’ losses cross $337 mln in Q1 2026: What it means for BTC

  • Image

    Major Catalysts To Watch Out For That Could Send Bitcoin Price To $90,000

  • Image

    Why $12T Charles Schwab’s Bitcoin, Ethereum bet signals next phase of crypto adoption!

Semua Komentar0TerkiniHangat

avatar
TerkiniHangat

Artikel Terkait

  • Image

    Bitcoin whales’ losses cross $337 mln in Q1 2026: What it means for BTC

  • Image

    Major Catalysts To Watch Out For That Could Send Bitcoin Price To $90,000

  • Image

    Why $12T Charles Schwab’s Bitcoin, Ethereum bet signals next phase of crypto adoption!