Our portfolio company Axelera AI secured a €61.6 million grant to develop Titania, a scalable AI inference chiplet for HPC and edge computing. The funding is supported by the EuroHPC Joint Undertaking (EuroHPC JU) and member states as part of the DARE Project.
This new funding follows the successful close of an oversubscribed $68 million Series B financing round, bringing the total amount raised by Axelera AI to more than $200 million in just three years. Read more
