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- Axera
Axera Valuation, Funding & Investors
Axera is valued at $888M as of January 2022.
Last Axera valuation
$888M
Series A · Jan 2022
Last Axera funding round
$137M
Series C · Apr 2025
Cumulative funding Axera raised
$263M
across 2 funding rounds
Key investors in Axera
Inno-Chip
Qiming Venture Partners
Legend Star
Meituan
Glory Ventures
Hua Capital
Axera Overview
About Axera
Axera is designing AI system-on-chips for edge computing applications. The NPU-powered SoCs like the AX650A deliver up to 12 TOPS performance for computer vision in smart cameras and drones. Shenzhen-headquartered, Axera supplies semiconductors to surveillance firms and IoT device manufacturers worldwide.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$888M (Jan 2022)
Axera Valuation
Axera is currently valued at $888M, based on its Series A in January 2022.
The $126M round was led by Inno-Chip, Longzhu Capital, Meituan and Qiming Venture Partners, with participation from Glory Ventures, Heju Investment and Legend Star.
Axera valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Series A | $888M |
Axera Funding History
Axera has raised a total of $263M across 2 funding rounds.
Axera's first fundraising round was a $126M Series A in January 2022. The most recent completed round was a $137M Series C in April 2025.
Axera funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2025 | Series C | Ningbo Zhenhai Industrial Investment; Ningbo Tongshang Fund; Hua Capital; Glory Capital; Chongqing Industrial Investment Fund; Chongqing Liangjiang Service Industry Fund; Inno-Chip | $137M | - | Axera Semiconductor is a fabless Chinese AI chip designer specializing in system-on-chips for visual AI inference at the edge, powering real-time processing in smart cameras, vehicles, and industrial equipment. Founded in 2019 as Shanghai Zhiaixin Semiconductor Technology, it claims to be the largest global provider of mid-to-high-end visual on-device AI inference chips by shipments in 2024, according to China Insights Industry Consultancy. Backed by investors like Tencent and Qiming Venture Partners, Axera launched a Hong Kong IPO in early 2026 to raise approximately $379 million by offering 104.9 million shares at HK$28.20 each, with cornerstone investors committing $185 million. The IPO proceeds are allocated to technology platform upgrades, new product development, sales expansion, potential investments or acquisitions, and working capital. For the first nine months of 2025, revenue increased 5.8% to 269 million yuan ($38.7 million) from 254.2 million yuan the prior year, though net losses widened to 855.7 million yuan due to heavy growth investments. Upon listing on the Hong Kong Stock Exchange, Axera achieved a market valuation of $2.176 billion, marking it as China's first edge AI chip IPO. |
| Jan 2022 | Series A | Inno-Chip (lead); Longzhu Capital (lead); Meituan (lead); Qiming Venture Partners (lead); Glory Ventures; Heju Investment; Legend Star | $126M | $888M | Axera is a Chinese artificial intelligence chipmaker, formerly Shanghai Zhiaixin Semiconductor Technology, specializing in fabless design of AI inference system-on-chips for on-device computing, edge inference, and smart vehicles, particularly for real-time visual data processing in cameras and vehicles. The company develops high-performance AI SoCs for computer vision applications and claimed to be the largest provider of mid-to-high-end visual on-device AI inference chips globally by shipments in 2024, per China Insights Industry Consultancy. Founded in 2019, Axera has attracted investments from prominent backers including Qiming Venture Partners and Tencent. On January 17, 2022, Axera completed its Series A - IV (also referred to as A++ or Series A++) funding round, raising approximately $126 million (CNY 800 million), with participation from Glory Ventures, Heju Investment (Beijing Heju Investment), Inno-Chip (possibly Jiyuan Capital), Legend Star, Longzhu Capital, Meituan, Qiming Venture Partners, and others like Weihao Chuangxin Investment. Lead investors included Inno-Chip, Longzhu Capital, Meituan, and Qiming Venture Partners. This marked the second significant round within six months, amid rising investments in Chinese chip development. Later financials from the 2026 Hong Kong IPO filing show revenue of 269.0 million yuan ($38.7 million) for the first nine months of 2025, up 5.8% year-over-year, but with widening net losses. The IPO aimed to raise $379.2 million (HK$2.96 billion) for technology upgrades, product development, sales expansion, investments, acquisitions, and working capital. Axera continued growth with partnerships like STRADVISION in 2025 for automotive AI vision and listed on the Hong Kong exchange in February 2026 for $378.64 million. |
Who has invested in Axera?
13 investors have backed Axera across its funding rounds, including Inno-Chip, Qiming Venture Partners, Legend Star, Meituan, Glory Ventures and Hua Capital.
Lead investors include Inno-Chip, Longzhu Capital, Meituan and Qiming Venture Partners.
Axera Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jan 2022 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Lead | Jan 2022 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Lead | Jan 2022 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Lead | Jan 2022 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Participant | Jan 2022 | ||
This data is available for Pro users. Sign up to see all 13 Axera investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAxera Competitors
Axera competitors include listed companies like SemiFive and POET Technologies, and private ones like Eliyan, IQM Quantum Computers, SeeQC and Velaura AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | $35M | - | $1B | 28.6x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $80M | ($31M) | $372M | 3.5x | ||
| Publicly listed | $1M | ($60M) | $1.3B | 106.5x |
Axera Public Comps
Axera is still privately-owned, but its public comps include X-FAB, PixArt Imaging, Sivers Semiconductors, Silex Systems, Hubei Tech Semiconductors, Sanken Electric, Skyworth Group, Silicon Integrated, Black Sesame Technologies and CEVA.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $870M | $177M | 1.4x | 1.5x | 6.9x | 7.0x | |||
| $286M | $73M | 2.0x | 1.9x | 7.7x | 7.1x | |||
| $31M | ($14M) | 28.0x | 29.8x | (61.6x) | (116.2x) | |||
| $9M | ($33M) | 77.1x | 53.0x | (22.3x) | (22.8x) | |||
| $53M | $10M | 13.8x | - | 73.9x | - | |||
| $515M | ($24M) | 2.3x | 2.3x | (49.0x) | 64.6x | |||
| $10B | $363M | 0.3x | - | 10.0x | - | |||
| $89M | $28M | 8.8x | - | 28.1x | - | |||
This data is available for Pro users. Sign up to see all Axera competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Axera
| When was Axera founded? | Axera was founded in 2019. |
| Where is Axera headquartered? | Axera is headquartered in Beijing, China. |
| Is Axera publicly listed? | No, Axera is a private, VC-backed company. |
| What is Axera's valuation? | Axera was last valued at $888M in its Series A in January 2022. |
| How much funding has Axera raised? | Axera has raised $263M across 2 funding rounds. |
| What was Axera's last funding round? | Axera's last funding round was a $137M Series C in April 2025. |
| Who are Axera's investors? | Axera's investors include Inno-Chip, Ningbo Zhenhai Industrial Investment, Ningbo Tongshang Fund, Longzhu Capital, Hua Capital, Meituan, Glory Capital, Qiming Venture Partners, Chongqing Industrial Investment Fund, Chongqing Liangjiang Service Industry Fund and 3 others. |
| Which companies are comparable to Axera? | Companies comparable to Axera include Eliyan, IQM Quantum Computers, SeeQC, Velaura AI, SemiFive and POET Technologies. |
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