About Arxax
Arxax is a company based in London (United Kingdom) founded in 2007 by Elham Hassanzadeh.. Arxax has raised $1.1 million across 2 funding rounds from investors including Invitalia, EIT Urban Mobility and CDP Venture Capital. Arxax offers products and services including Data-Driven Refueling System, Demand Aggregation, and Card-Less Payment System. Arxax operates in a competitive market with competitors including Carnot, Dynamon, ProMiles, G-KEEP and The Fuel Store, among others.
- Headquarter London, United Kingdom
- Founders Elham Hassanzadeh
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Arxax Ltd
- Date of Incorporation 08 Feb, 2021
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.1 M (USD)
in 2 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Apr 04, 2025
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Investors
Invitalia
& 4 more
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Employee Count
Employee Count
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Products & Services of Arxax
Arxax offers a comprehensive portfolio of products and services, including Data-Driven Refueling System, Demand Aggregation, and Card-Less Payment System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System that uses data to optimize vehicle refueling and reduce costs.
Service aggregating fuel demand for bulk pricing and transparency.
Cashless system for secure, fraud-free refueling transactions.
Funding Insights of Arxax
Arxax has successfully raised a total of $1.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Grant - Arxax | Valuation |
investors |
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| Apr, 2025 | Amount | Seed - Arxax | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Arxax
Arxax has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Invitalia, EIT Urban Mobility and CDP Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and fund of funds focused on multiple sectors
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Urban mobility solutions are provided for cities worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Arxax
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Arxax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Arxax Comparisons
Competitors of Arxax
Arxax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carnot, Dynamon, ProMiles, G-KEEP and The Fuel Store, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Farm analytics and tractor telematics solutions are provided for agriculture.
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| domain | founded_year | HQ Location |
Fuel management solutions are delivered for logistics using telematics data.
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| domain | founded_year | HQ Location |
Software solutions for trucking compliance, fuel tax reporting, and route guidance optimization.
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| domain | founded_year | HQ Location |
Fuel consumption and vehicle tracking solutions are provided.
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| domain | founded_year | HQ Location |
Provides fuel cards and fleet management for business fleets of vehicles.
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| domain | founded_year | HQ Location |
Fuel management software for logistics is provided by Niukafu.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Arxax
Frequently Asked Questions about Arxax
When was Arxax founded?
Arxax was founded in 2007 and raised its 1st funding round 18 years after it was founded.
Where is Arxax located?
Arxax is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Arxax?
Elham Hassanzadeh is the current CEO of Arxax. They have also founded this company.
Is Arxax a funded company?
Arxax is a funded company, having raised a total of $1.1M across 2 funding rounds to date.
What does Arxax do?
Arxax was founded in 2007 in London, United Kingdom, as a climate-tech company. Carbon intelligence solutions are provided for the fuel value chain in logistics and transportation sectors. Emphasis is placed on green hydrogen to support the shift from fossil fuels. Digital analytics tools are offered for emission compliance reporting and refueling operations.
What products or services does Arxax offer?
Arxax offers Data-Driven Refueling System, Demand Aggregation, and Card-Less Payment System.
Who are Arxax's investors?
Arxax has 5 investors. Key investors include Invitalia, EIT Urban Mobility, CDP Venture Capital, Zero, and Zest Group.