Axelera AI has closed a seed investment round of $12 million backed by Imec, Bitfury and Innovation Industries Fund. Axelera,  led by CEO Fabrizio Del Maffeo (pictured), was incubated by Bitfury Group in 2019, formerly operating as Bitfury AI until the company came out as an independent entity this year. Axelera joined forces with imec in ...

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