What Do We Know About Axelera AI CEO Fabrizio Del Maffeo?

Since the 2022 nutshell crack in AI that led to a massive, never-seen leap of the niche, AI CEOs and their visions have captivated the world. Amongst those visionary AI CEOs, Fabrizio Del Maffro is a prominent name!

This writing intends to introduce you to Axelera AI CEO Fabrizio Del Maffeo and his dedication to the hardware and software solutions for AI and his company.

Axelera’s owner, Fabrizio, leads a world-class executive team, board of directors, and advisors from top AI Fortune 500 companies. Let’s dive into the article to dig more about the CEO and his company.

A Short Briefing About The AI Company Axelera

Axelera AI is a Netherlands-based AI Chip company that is shining high in catering to some of the world’s profound and advanced solutions, focusing on AI at the Edge.

This widespread corporation has offices in Belgium, Switzerland, Italy, and the U.K., enthralling audiences with a game-changing metis AI platform, a holistic hardware and software solution for AI interference.

This makes computer vision applications more handy, efficient, and user-friendly!

Axelera AI CEO Fabrizio Del Maffeo. Image Credit: Linkedin.

This Dutch start-up is a rapidly upscaling team built by Axelera AI CEO Fabrizio Del Maffeo, with over 150 hardworking individuals exerting top-level endeavors in developing game-changing technology to serve AI powerfully.

Speaking of the location, Axelera’s main headquarters is in Portugal for reasons that justify “Portuguese people being a bunch of remarkably talented minds.”

Axelera’s AI Chip has managed to win over backers, including Samsung, in part by focusing on a niche within the burgeoning AI chip market. Smart move, isn’t it?

Fabrizio’s Early Life And Education

Before all of the worldly fame, Maffeo grew up in the north of Italy with regular job working parents.

Fabrizio completed his Executive Education in Merge & Acquisition from London Business School in 2017 and a Master’s in Telecommunication Engineering and Wireless Telecommunication from Politecnico di Milano in 2002.

Axelera AI CEO Fabrizio Del Maffeo always envisioned either making it big rather than settling for a scale operation, feeling his tank for success!

Finding the right opportunity, Maffeo started by managing a subsidiary of Asus Group, UP Bridge The Gap.

The Italian-born started making the world’s first x86 professional maker computing board with Intel.

Gradually, UP AI Edge, the first embedded artificial intelligence platform for edge computing, was launched, and a Kickstarter campaign was launched.

Soon after, the Dutch entrepreneur joined Bitfuty AI to deliver chips and solutions for Edge AI.

With the company’s help and reaching out to experts IBM Research in Zurich, imec in Belgium, and ETH Zurich, Maffeo came in touch with Luca Benini, raising the first funding round birthing Axelera.

A Preface To The Visionary Axelera AI CEO Fabrizio Del Maffeo

Fabrizio Del Maffeo is the esteemed CEO and co-founder of Axelera AI, the Netherlands-based startup, advancing the world’s most promising and advanced solutions for AI at the Edge.

Fabrizio is married to Susanne Van De Langenberg, and the pair have two daughters, Jada Del Maffeo and Sara Del Maffeo, and a son named Luca Del Maffeo.

Before his big sail as an Axelera CEO, the Dutch was the co-founder and managerial director at Bitfury AI, with expertise in the AI Head position.

Likewise, for a tenure of 4 years, Axelera AI CEO Fabrizio Del Maffeo led “UP Bridge The Gap,” a company that built the first x86 professional maker computing board as the founder and managing director.

Axelera AI CEO Fabrizio Del Maffeo. Image Credit: Linkedin.

An AI Boss like Demis Hassabis and Sam Altman, Axelera AI Boss Maffeo has also painted his hands vibrantly, exploiting success at AAEON as the vice president and managing director.

Before all these executive-level honors, this humble CEO worked as a sales director at Advantech, a Business Unit Manager at Industrial PC and Automation, and a software engineer at Accenture.

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A Tale On How Axelera Was Born

Alexera was born out of the vision led by Axelera AI CEO Fabrizio Del Maffeo and a group at Imec, the Belgium-based technology lab, in collaboration with Evangelos Eleftheriou and Zurich-based IBM researchers to build a highly efficient AI chip architecture.

In the heat of July 2021, Alexera graced its official establishment with a 12 million euro seed round.

Later, during the wintery December of the same year, the company taped out Thetis Core tested and validated in April 2022.

The AI Chip manufacturing company’s founding team incubated much of Axelera within Bitfury Group, a blockchain company specializing in Bitcoin hardware.

As of July 2024, the company’s valuation is a gigantic $272—408 million, growing at an unbeatable pace!

Funding Under The Exemplary Leader Fabrizio Del Maffeo

Axelera AI has, to date, raised $136.7 million in total funding over seven consecutive rounds!

The European AI startup had announced the close of its Series A investment round at $27 million.

Axelera AI CEO Fabrizio Del Maffeo. Image Credit: Instagram.

Axelera AI CEO Fabrizio Del Maffeo had a fantastic funding Series B, closing at $68M for his company on June 27, 2024.

The pleased contributors to the round comprise the European Innovation Council Fund, Innovation Industries Strategic Partnership Fund, Invest-NL, and Samsung Catalyst Fund.

Likewise, you might also be interested in learning about ByteDance-Broadcom To Develop 5nm Chip.

CEO Fabrizio’s Future Views!

With Axelera’s fantastic growth spurt, as that of a teenager, the cash from the funding will initially be deposited to expand to new markets.

This will be initiated ahead of the full production of Axelera’s flagship Metis AI platform in H2 2024, as per Del Maffeo.

Axelera is also targeting the data center chip market with full-fledged early plans to fund the R&D of chips aimed at high-performance computing use cases.

Axelera AI CEO Fabrizio Del Maffeo exclaimed that his company had begun the development of new-generation products focusing on computer vision, large language models, and large multimodal models.

This ongoing product lineup will schedule a grand unveil sometime this year, with total production expansion commencing in 2025.

We wish the very best to Fabrizio Del Maffeo and his start-up Axelera to reach pre-determined heights and revolutionary status!

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