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Dutch startup Axelera AI, which builds power-efficient AI inference chips, raised $250M+ led by Innovation Industries, with investment from BlackRock and others (Charlotte Hughes-Morgan/Bloomberg)

Techmeme [Unofficial] February 24, 2026
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Charlotte Hughes-Morgan / Bloomberg: Dutch startup Axelera AI, which builds power-efficient AI inference chips, raised $250M+ led by Innovation Industries, with investment from BlackRock and others   —  Dutch chipmaker Axelera AI raised more than $250 million from investors including BlackRock Inc. to make power-efficient semiconductors …

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