About Axcend
Axcend is a company based in Provo (United States) founded in 2018 was acquired by Catalyze in July 2024. It operates as a Direct-to-Consumer (D2C). Axcend has raised $3.55 million across 8 funding rounds from investors including HHS, National Institute of General Medical Sciences and Catalyze Partners. The company has 8 employees as of December 31, 2020. Axcend offers products and services including Axcend Focus LC, Auto Focus, In Focus, and Focus Array.
- Headquarter Provo, United States
- Employees 8 as on 31 Dec, 2020
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Sectors
Chemicals & Materials
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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 Axcend
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Products & Services of Axcend
Axcend offers a comprehensive portfolio of products and services, including Axcend Focus LC, Auto Focus, In Focus, and Focus Array. 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.
Compact HPLC system for flexible, repeatable results anywhere.
Automated sample injection for consistent, low carry-over results.
Real-time reaction monitoring for precise process analytical technology.
Smallest DAD for enhanced capillary HPLC detection sensitivity.
Funding Insights of Axcend
Axcend has successfully raised a total of $3.55M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $1.12 million completed in September 2022. 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 8
- Last Round Grant — $1.1M
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First Round
First Round
(01 Jun 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Grant - Axcend | Valuation |
investors |
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| Mar, 2021 | Amount | Grant - Axcend | Valuation |
investors |
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| Mar, 2021 | Amount | Debt – Conventional - Axcend | Valuation |
investors |
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| 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 Axcend
Axcend has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include HHS, National Institute of General Medical Sciences and Catalyze Partners. 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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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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Basic research is supported to advance medical sciences.
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Founded Year | Domain | Location | |
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Commercialization of high-tech innovations and monetization of assets is facilitated by Catalyze Partners.
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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 Axcend
| 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 - Axcend
| 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 |
Axcend Comparisons
Competitors of Axcend
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Axcend
When was Axcend founded?
Axcend was founded in 2018.
Where is Axcend located?
Axcend is headquartered in Provo, United States. It is registered at Provo, Utah, United States.
Is Axcend a funded company?
Axcend is a funded company, having raised a total of $3.55M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $750K, raised on Jun 01, 2018.
How many employees does Axcend have?
As of Dec 31, 2020, the latest employee count at Axcend is 8.
What does Axcend do?
Axcend is known for creating compact, low-flow HPLC systems that deliver reliable chromatography results in various settings. These systems are designed for industries such as pharmaceutical, chemical, and educational sectors. Solutions offered by Axcend include real-time monitoring, automated sample injection, and high-sensitivity detection, reducing solvent use, energy consumption, and waste. Their technology is adapted for tight lab spaces or remote locations, supporting sustainability and operational efficiency.
What products or services does Axcend offer?
Axcend offers Axcend Focus LC, Auto Focus, In Focus, and Focus Array.
Who are Axcend's investors?
Axcend has 3 investors. Key investors include HHS, National Institute of General Medical Sciences, and Catalyze Partners.