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§ Venture Capital · DE, USA
Investment consortium pooling resources to fund AI hardware startups, specifically Axelera AI, focused on edge AI chips and platforms.
Fractionelera is an Amsterdam, Netherlands-based investment consortium formed specifically to pool capital and fund the artificial intelligence hardware startup Axelera AI. The entity operates by aggregating financial resources from experienced entrepreneurs and investors to support the development of edge AI chips and semiconductor platforms. As a dedicated backer of its sole currently known portfolio company, Axelera AI, the consortium invests alongside venture firms such as Bitfury, Innovation Industries, CDP Venture Capital, and Verve Ventures. Fractionelera has participated in multiple institutional financing events for the chipmaker, maintaining an average round investment size of approximately $11 million. Recent capital deployments include contributions to Axelera AI's $50 million Series A extension in May 2023 and its subsequent $68 million Series B funding round in June 2024. The consortium's exact founding year and principal founders are not publicly disclosed.
Fractionelera has 2 tracked investments across 1 company. The latest tracked deal is $68.0M Series B in Axelera in June 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 27, 2024 | Axelera | $68.0M Series B | — | CDP Venture Capital, European Innovation Council, Innovation Industries, Marco Chisari, Verve Ventures |
| May 1, 2023 | Axelera | $23.0M Series A | Sander Verbrugge, NATO Innovation Fund | 360 Capital Partners, CDP Venture Capital, Verve Ventures |