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Stealth company incubated by blockchain unicorn Bitfury Group and global nanoelectronics R&D center.imec.
September 17, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
AI semiconductor startup Axelera AI announced that it has successfully closed a seed investment round of $12 million. The round was led by emerging technologies leader Bitfury and joined by global nanoelectronics R&D center imec and deep-tech venture capital funds Innovation Industries and imec.xpand. The funding will support the company’s development of an industry-defining product powering AI applications at the edge. Axelera AI was incubated by Bitfury Group in 2019, formerly operating a...
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