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.
Annual revenue - Latest available
Total funding $20.3M 14 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Axion Biosystems

Axion Biosystems is a company based in Atlanta (United States) founded in 2007 was acquired by Summa Equity in July 2021. 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. Axion Biosystems offers products and services including MEA Maestro Pro, Omni Pro 12, and Corning Cell Counter. Axion Biosystems operates in a competitive market with competitors including 10X Genomics, Mission Bio, Cellares, LUMICKS and LevitasBio, among others.

  • Headquarter Atlanta, United States
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Axion Biosystems, Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20.31 M (USD)

    in 14 rounds

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

    Jan 01, 2020

  • Investors
    HHS

    & 2 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Summa Equity

    (Jul 15, 2021)

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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.

Product name locked
Category locked
Primary

Monitors electrical activity in neurons and cardiomyocytes in real time.

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Provides automated live-cell imaging for cellular biology analysis.

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Automates brightfield and fluorescent counting of cells and organoids.

People of Axion Biosystems

Headcount 50-200
Employee Profiles 36
Board Members and Advisors 2
Employee Profiles
People
Jim Ross
Chief Technical Officer
People
Todd Lewis
Senior Vice President Of Global Sales
People
Daniel Millard
Vice President, R&d - Bioelectronics
People
Tom O'Brien
CEO & President

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Board Members and Advisors
people
Nick Roelofs
Board Member
people
Gustavo Salem
Chair

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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.

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
Investor Description Founded Year Domain Location
Seed & early stage sector-agnostic venture capital firm funding companies in the US
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Summa Equity is focused on thematic and impact investments.
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Public health and human services are overseen by HHS.
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Investor details for Axion Biosystems

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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.

Investments
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Investment portfolio details for Axion Biosystems

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Advanced laser and inkjet systems for manufacturing are developed.
Locked Locked 2007 Locked
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Complete acquisition details for Axion Biosystems

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Financial Statements - Axion Biosystems

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Detailed financials for Axion Biosystems

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Axion Biosystems Comparisons

Axion Biosystems Primary company
Description
Multi-electrode array technology is developed for cellular i...
Location
Atlanta, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Axion Biosystems

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Competitors of Axion Biosystems

Axion Biosystems 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 10X Genomics, Mission Bio, Cellares, LUMICKS and LevitasBio, among others.

Company Name Domain Founded year HQ Location Description
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Instrument systems for genomic research and sequencing libraries are developed.
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Single-cell multi-omics platform is provided for genotypic and phenotypic analysis.
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Medical devices for cell-based therapy manufacturing are produced.
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Optical tweezers instruments for single-molecule analysis are manufactured.
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Single-cell imaging platform developed via magnetic levitation technology.
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Cell-based phenotyping technologies and assays are provided for microbial analysis.
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Detailed competitors of Axion Biosystems

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Latest news on Axion Biosystems

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Complete news archive for 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.

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.

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