Axelera AI raises $50M (The Netherlands)

Eindhoven-based Axelera AI, a company providing computer vision and Edge AI solutions, has announced the addition of new investors in its Series A round, thereby raising the total amount to $50 million.

New investors include CDP Venture Capital, Verve Ventures, and Fractionelera, the latter being specifically formed to finance Axelera AI. Innovation Industries also amplified its investment, thereby becoming the firm’s largest investor.

Also see: raises $17.5M (UK)

London, Uk.-based has raised $17.5 million in a Series A financing round.

Ethernovia raises $64M

San Jose, Calif.-based Ethernovia, a startup working on an ethernet approach to vehicle data networks, has raised $64 million in a Series A round.

Spellbook raises $10.9M (Canada)

Toronto & St. John's, Newfoundland-based Spellbook has raised $10.9 million in funding.

Cable raises $11M

Cable, providers of a financial crime effectiveness testing platform, has raised an $11 million Series A round.

Everseen raises $70M (Ireland)

Everseen, a Cork, Ireland-based provider of AI-powered computer vision and hyper automation solutions, has raised a €65 million Series A follow-on funding round.