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The EIC Scaling Club team sat down with Fabrizio Del Maffeo on the sidelines of the recent Tech Tour Growth 50 Europe event in Paris.

As the co-founder and CEO of Axelera AI, Del Maffeo kicked off the interview pitching his company as a 'small, fast-growing Nvidia'.

That's intriguing enough on its own, but the entrepreneur of course told us a bit more about the backstory of Axelera AI, and what the team is busy building over in its HQ in Eindhoven and its many other offices located all across Europe.

In essence, Axelera AI is developing a powerful and efficient AI-native hardware and software platform to accelerate computer vision on edge devices (such as cars, computers, medical devices and whatnot).

As a capital-intensive business, the company has raised close to $65 million in funding according to Dealroom, and is also backed by the European Innovation Council through the EIC Accelerator program.

Del Maffeo also talked about the importance of the EIC (and the EIC Scaling Club) for the European (deep) tech ecosystems, the ability to find enough talent to hire in Europe, events that bring innovators and investors together in person, and what keeps him up at night.

Enjoy the interview by having a listen to our conversation below, on our dedicated podcast page or your favourite listening platform.

 

About the EIC Scaling Club

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The EIC Scaling Club is a curated community where 100+ European deep tech scale-ups with the potential to build world-class businesses and solve major global challenges come together with investors, corporate innovators and other industry stakeholders to spur growth.

The top 100+ European deep tech companies will be carefully selected from a pool of high-growth scale-ups that have benefitted from EIC financial schemes, other European and national innovation programmes, and beyond.

The EIC Scaling Club is an EIC-funded initiative run in partnership by Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA and IESE Business School.

Subscribe to our newsletter here to stay up-to-date!
By/ EIC Scaling Club

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