Axelera AI

Axelera AI is a Netherlands-based chip company founded in 2021.^[1] It develops AI processing units (AIPU) for robots and drones, as well as cars, medical devices, and security cameras.^[2][3] The company's CEO is Fabrizio Del Maffeo.^[4][3] In 2025, it received a grant of €61.6 million to develop its Titania chip for generative AI and computer vision processing from the EuroHPC Joint Undertaking DARE project.^[5] Previously it raised $200 million from Samsung and other investors.^[6] It also has a chip called Metis.^[7][8]