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NXAI - About the company

NXAI is a seed company based in Linz (Austria), founded in 2023. It operates as a Developer of machine learning architectures for time series forecasting applications. NXAI has raised $22.7M in funding. The company has 31 active competitors, including 8 funded and 2 that have exited. Its top competitors include companies like Edge Impulse, EmbeDL and NimbleEdge.

Company Details

Developer of machine learning architectures for time series forecasting applications. These architectures utilize memory mechanisms to process sequential data streams for predictive modeling. The technology supports analysis of temporal patterns across various industrial and technical domains. Models are designed for deployment in edge computing environments to facilitate real-time data processing and system monitoring.
Key Metrics
Founded Year
2023
Location
Linz, Austria
Stage
Seed
Total Funding
$22.7M in 1 round
Latest Funding Round
Ranked
Employee Count
32 as on Jul 31, 2026
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NXAI's funding and investors

NXAI has raised a total funding of $22.7M over 1 round.

Here is the list of recent funding rounds of NXAI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2023
2831
Seed
1434
5809
4027
3452
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NXAI's founders and board of directors

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NXAI's employee count trend

NXAI has 32 employees as of Jul 26. Here is NXAI's employee count trend over the years:
Employee count trend for NXAI
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NXAI's Competitors and alternates

Top competitors of NXAI include Edge Impulse, EmbeDL and NimbleEdge. Here is the list of Top 10 competitors of NXAI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Edge Impulse
Edge Impulse
2019, San Jose (United States), Acquired
Platform offering AI-powered chat automation and intelligent business solutions
$52.8M
53/100
2nd
Logo for NXAI
NXAI
2023, Linz (Austria), Seed
Developer of machine learning architectures for time series forecasting applications
$22.7M
-
48/100
3rd
Logo for EmbeDL
EmbeDL
2018, Gothenburg (Sweden), Seed
Provider of an SDK and hub for edge AI model optimization
$9.14M
48/100
4th
Logo for NimbleEdge
NimbleEdge
2021, San Francisco (United States), Seed
Provider of an on-device AI platform focused on delivering fast, private, and adaptive AI experiences
$3.32M
46/100
5th
Logo for Nexa AI
Nexa AI
2023, Cupertino (United States), Series A
Platform to build AI apps with on-device models
$8.75M
-
39/100
6th
Logo for EDGENeural
EDGENeural
2019, Pune (India), Seed
Provider of an edge AI platform
$135K
36/100
7th
Logo for Neuton
Neuton
2018, San Jose (United States), Acquired
Provider of a neural network framework for AI applications
-
-
33/100
8th
Logo for wrnch
wrnch
2015, Montreal (Canada), Acqui-Hired
Platform for machine learning on edge devices
$9.3M
29/100
9th
Logo for MountAIn
MountAIn
2025, Meylan (France), Unfunded
Provider of AI infrastructure for understanding and protecting critical assets
-
-
29/100
10th
Logo for ZETIC.ai
ZETIC.ai
2024, Seoul (South Korea), Seed
Platform offering pipelines for serverless AI systems
-
27/100
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NXAI's Investments and acquisitions

NXAI has made no investments or acquisitions yet.

Reports related to NXAI

Here is the latest report on NXAI's sector:

News related to NXAI

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