About Axoft
Axoft is a company based in Cambridge (United States) founded in 2021 by Jia Liu.. Axoft has raised $17.28 million across 3 funding rounds from investors including Decent Capital, Taihill Venture and Mintz. Axoft offers products and services including Bioinspired Implant, Signal Processing Electronics, Surgical Implantation Tools, and Neural Data Decoding Software. Axoft operates in a competitive market with competitors including NeuroXess, Headsafe, BrainRobotics, Health Tech Connex and Qneuro, among others.
- Headquarter Cambridge, United States
- Founders Jia Liu
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Sectors
Technology
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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 Axoft Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.28 M (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Seed
Feb 20, 2024
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Investors
Decent Capital
& 10 more
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Employee Count
Employee Count
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Products & Services of Axoft
Axoft offers a comprehensive portfolio of products and services, including Bioinspired Implant, Signal Processing Electronics, Surgical Implantation Tools, and Neural Data Decoding Software. 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.
Mimics brain tissues to reduce drift and enable long-term neural communication.
Processes neural data from implants for wireless transmission and analysis.
Guides soft implants into brain tissues with precision to avoid damage.
Decodes and interprets neural data streams for stable medical insights.
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Funding Insights of Axoft
Axoft has successfully raised a total of $17.28M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in February 2024. 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 3
- Last Round Seed — $500,000
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First Round
First Round
(18 Mar 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Axoft | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Axoft | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Axoft | 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 Axoft
Axoft has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Decent Capital, Taihill Venture and Mintz. 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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Investment activities are conducted by Decent Capital.
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Founded Year | Domain | Location | |
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Investments in tech startups are made by Taihill Venture.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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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 Axoft
| 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 - Axoft
| 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 |
Axoft Comparisons
Competitors of Axoft
Axoft 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 NeuroXess, Headsafe, BrainRobotics, Health Tech Connex and Qneuro, 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 |
Flexible brain-computer interfaces are developed for neuroelectrophysiology applications.
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| domain | founded_year | HQ Location |
Applications for head injury prevention and concussion assessment are provided.
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| domain | founded_year | HQ Location |
Brain-controlled robotic prostheses are developed for affordability and precision.
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| domain | founded_year | HQ Location |
Brain wave monitoring devices are developed for health assessment.
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| domain | founded_year | HQ Location |
Qneuro creates smart headsets that monitor brain activity for improved learning and wellness.
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| 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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Latest news on Axoft
Frequently Asked Questions about Axoft
When was Axoft founded?
Axoft was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Axoft located?
Axoft is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Axoft a funded company?
Axoft is a funded company, having raised a total of $17.28M across 3 funding rounds to date. The company's 1st funding round was a Seed of $8.78M, raised on Mar 18, 2022.
What does Axoft do?
Axoft was founded in 2021 and is based in Cambridge, United States. Operations focus on the NUI sector, where development and implementation services are delivered. The company is led by co-founder Jia Liu. Expertise is applied to create solutions for natural user interfaces, supporting clients in technology integration across various applications. Activities remain centered in the U.S., with services tailored to sector-specific needs.
Who are the top competitors of Axoft?
Axoft's top competitors include NeuroXess, BrainRobotics and Health Tech Connex.
What products or services does Axoft offer?
Axoft offers Bioinspired Implant, Signal Processing Electronics, Surgical Implantation Tools, and Neural Data Decoding Software.
Who are Axoft's investors?
Axoft has 11 investors. Key investors include Decent Capital, Taihill Venture, Mintz, Abicap, and Wisdom Cornerstone.