Axion Biosystems

Atlanta, United States Founded: 2007 • Age: 19 yrs Acquired By Summa Equity
Multi-electrode array technology is developed for cellular information analysis access.

About Axion Biosystems

Axion Biosystems is a Healthcare company based in Atlanta (United States) founded in 2007, and was acquired by Summa Equity in July 2021. It operates as a multi-electrode array technology is developed for cellular information analysis access. Axion Biosystems has raised $20.31 million across 14 funding rounds from investors including HHS, GRA Venture Fund and Summa Equity. Axion Biosystems has completed 1 acquisition, including msolv. Its website axionbiosystems.com draws about 35 thousand monthly visits. Axion Biosystems offers products and services including MEA Maestro Pro, Omni Pro 12, and Corning Cell Counter. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Instruments and Cell Biology. Its legal entity is Axion BioSystems, Inc. Its competitors include 10X Genomics, Mission Bio, Cellares, LUMICKS and LevitasBio and 4 more; 9 of its 9 listed competitors have raised funding.

Company details

Axion Biosystems was founded in 2007 in Atlanta, United States, within the biotechnology sector. Multi-electrode array technology is provided by the company to support cellular analysis in research, clinical, and drug discovery applications. Operations include the development of single-well systems, stimulating and recording channels, multi-well systems, and integrated circuits designed to reduce stimulation artifacts. Focus is placed on enabling precise data collection for scientific and therapeutic purposes.

  • Headquarters Atlanta, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website axionbiosystems.com
  • Social LinkedIn X YouTube
  • Acquired by Summa Equity (Jul 2021)
  • Legal Name Axion Biosystems, Inc
Key Metrics
  • Total Equity Funding
    $20.31M (USD)

    in 14 rounds

  • Latest Funding Round
    $2.82M (USD), Grant

    Jan 2020

  • Investors
    HHS

    & 2 more

  • Investments & Acquisitions
  • Acquired by
    Summa Equity

    (Jul 2021)

Products & Services of Axion Biosystems

Axion Biosystems offers a comprehensive portfolio of products and services, including MEA Maestro Pro, Omni Pro 12, and Corning Cell Counter.

MEA Maestro Pro
Neural Monitoring

Monitors electrical activity in neurons and cardiomyocytes in real time.

Omni Pro 12
Imaging

Provides automated live-cell imaging for cellular biology analysis.

Corning Cell Counter
Cell Counting

Automates brightfield and fluorescent counting of cells and organoids.

Apps and channels of Axion Biosystems

its YouTube channel Axion BioSystems has 1.69K subscribers and 30 videos.

Axion BioSystems
YouTube 1.69K subscribers 30 videos Science & Technology
Open channel

Videos from Axion Biosystems

The most watched videos on Axion Biosystems's YouTube channel, Axion BioSystems (1.69K subscribers). Click a video to play it here.

Do it all with Omni Pro 12
11.8K views
Maestro MEA Platforms - the system to get your results
11.1K views
Organoid Analysis Module for Omni Live-Cell Imaging Systems
3K views
Standardizing organoid production and analysis | WORD+2024
1.7K views

More on Axion BioSystems.

Funding Insights of Axion Biosystems

Axion Biosystems has successfully raised a total of $20.31M across 14 strategic funding rounds. The most recent funding activity was a Grant round of $2.82 million completed in January 2020. 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 $20.31M
  • Total Rounds 14
  • Last Round Grant β€” $2.82M
  • First Round $349,674

    (Jul 2008)

  • Investors Count 2

Latest 10 of 14 funding rounds of Axion Biosystems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2020$2.82MGrant––
Sep 2018$8MSeries C––
–
May 2016$6MSeries C–GRA Venture Fund
–
Apr 2016$219,965Grant––
May 2012$3.21MSeries B––
–
Sep 2011$389,404Grant––
Aug 2011$389,404Grant––
Jul 2010$2.1MSeries A––
–
Sep 2009$2.21MGrant––
Aug 2009$556,989Grant––
Valuation history

3 investors in total: 3 institutional.

Investors in Axion Biosystems

Axion Biosystems has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, GRA Venture Fund and Summa Equity.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Seed & early stage sector-agnostic venture capital firm funding companies in the US
–graventurefund.orgAtlanta, United States
Summa Equity is focused on thematic and impact investments.
2016summaequity.com-
Public health and human services are overseen by HHS.
1953hhs.gov-
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Investor details for Axion Biosystems

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People of Axion Biosystems

38 people are tracked at Axion Biosystems (17 in leadership, 2 in board & advisors, 19 in team).

NameRoleGroup
Jim Ross
Chief Technical OfficerLeadership
Todd Lewis
Senior Vice President Of Global SalesLeadership
Daniel Millard
Vice President, R&d - BioelectronicsLeadership
Andy Le
Director Of Information TechnologyLeadership
Tom O'Brien
CEO & PresidentLeadership
Victoria Stahl
Senior Director, Lead GenerationLeadership
Alex Bragg, MD, PhD
Clinical DirectorLeadership
Stacie Chvatal
Vice President Of Product ManagementLeadership
Steven Fiene
Director, Creative MarketingLeadership
Rika Yamazaki
Senior Marketing And Business Development DirectorLeadership
Gisele Mukunzi
Finance Director - EMEALeadership
Andrew Willsie
Vice President Of Engineering And OperationsLeadership
Peter Lindqvist
Vice President EMEA SalesLeadership
Shuxin Guo
Sales Director APACLeadership
Saad Sheikh
Interim Group CFOLeadership
Alp Aras, CFA
Director Strategy Corporate DevelopmentLeadership
David Brunt
Operations Director UKLeadership
Nick Roelofs
Board MemberBoard & advisors
Gustavo Salem
ChairBoard & advisors
Richard Blum
Principal Hardware EngineerTeam

18 more people are available in the full profile.

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Investments & Acquisitions by Axion Biosystems

Axion Biosystems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include msolv.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Advanced laser and inkjet systems for manufacturing are developed.
msolv.comWitney, United Kingdom2007Feb 2022β€’β€’β€’β€’
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Complete acquisition details for Axion Biosystems

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Timeline of Axion Biosystems

5 dated milestones of Axion Biosystems across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Axion Biosystems is founded.
  2. Funding First funding round of $350K.
  3. Funding Latest funding round, Grant, of $2.8M.
  4. Exit Acquired by Summa Equity.
  5. Acquisition Acquires msolv.

Competitors of Axion Biosystems

Axion Biosystems has 9 listed competitors in our database, 9 of them funded. They include 10X Genomics, Mission Bio, Cellares, LUMICKS and LevitasBio, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
10xgenomics.com2012Pleasanton, United States$199.9M961
Instrument systems for genomic research and sequencing libraries are developed.
missionbio.com2014San Francisco, United States$110M109
Single-cell multi-omics platform is provided for genotypic and phenotypic analysis.
cellares.com2019San Francisco, United States$355M–
Medical devices for cell-based therapy manufacturing are produced.
lumicks.com2014Amsterdam, Netherlands$93.38M–
Optical tweezers instruments for single-molecule analysis are manufactured.
levitasbio.com2017San Francisco, United States$73.77M–
Single-cell imaging platform developed via magnetic levitation technology.
biolog.com1984Hayward, United States$33.62M27
Cell-based phenotyping technologies and assays are provided for microbial analysis.
xcellbio.com2012San Francisco, United States$40.9M11
Cell culture analysis devices for cancer research are developed.
atrandi.com2016Vilnius, Lithuania$31.01M–
Microfluidic solutions for life sciences and single-cell analysis are developed.
rebusbio.com2006Santa Clara, United States$20M–
An imaging system for single-cell gene analysis is developed.
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Detailed competitors of Axion Biosystems

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Web traffic of Axion Biosystems

The website of Axion Biosystems (axionbiosystems.com) receives about 35.5K visits a month.

  • Monthly visits
    35.5K

    ▲ 16.2% vs previous month

Similar websites

Websites whose visitors overlap most with Axion Biosystems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
multichannelsystems.com
100%
123.5K#370,590View details
mxwbio.com
96%
22.5K#1,121,454View details
bioz.com
89%
62.4K#597,932View details
ced.co.uk
ced.co.uk
88%
–#1,464,236–
fujifilmcdi.com
88%
13K#1,883,705View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 24 similar websites and full traffic analytics for Axion Biosystems

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Top companies in Genomics & Gene Therapy Platforms

10 companies that operate in the same segment as Axion Biosystems (Genomics & Gene Therapy Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
Nanopore-based electronic systems for single-molecule analysis are developed.
2005Oxford, Oxfordshire, United KingdomUSD 1.34 BUSD 301.49 M1,372
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits
2006Sunnyvale, California, United StatesUSD 943.53 MUSD 189.9 M562
Provider of DNA testing services to create a family tree and ancestor
2003Yehud, Central District, IsraelUSD 40 M––
Genetically modified cell lines are developed using AAV gene-editing platform.
2007Cambridge, Cambridgeshire, United KingdomUSD 46.29 M––
Gene therapies for rare diseases including retinal dystrophies are developed.
2013Philadelphia, Pennsylvania, United StatesUSD 82.8 MUSD 64.73 M822
Therapeutics for genetic diseases are developed through targeted interventions.
2015Palo Alto, California, United StatesUSD 434.2 MUSD 502.08 M730
Provider of an online genealogy platform offering a host of services
1996Lehi, Utah, United StatesUSD 146.2 M––
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Related news about Axion Biosystems

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Frequently Asked Questions about Axion Biosystems

Axion Biosystems was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Axion Biosystems is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Axion Biosystems is a funded company, having raised a total of $20.31M across 14 funding rounds to date. The company's 1st funding round was a Grant of $556.99K, raised on Jul 2008.

Axion Biosystems was founded in 2007 in Atlanta, United States, within the biotechnology sector. Multi-electrode array technology is provided by the company to support cellular analysis in research, clinical, and drug discovery applications. Operations include the development of single-well systems, stimulating and recording channels, multi-well systems, and integrated circuits designed to reduce stimulation artifacts. Focus is placed on enabling precise data collection for scientific and therapeutic purposes.

Axion Biosystems's top competitors include 10X Genomics, Mission Bio and Cellares.

Axion Biosystems offers MEA Maestro Pro, Omni Pro 12, and Corning Cell Counter.

Axion Biosystems has made 1 acquisition, including msolv.

Axion Biosystems has 3 investors. Key investors include HHS, GRA Venture Fund, and Summa Equity.

Axion Biosystems operates through Axion Biosystems, Inc.

Yes. Axion Biosystems was acquired by Summa Equity in July 2021.

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