Axsun Technologies

Billerica, United States Founded: 1998 • Age: 28 yrs Acquired By Excelitas
MEMS-based optical engines and spectrometers are developed and manufactured.
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About Axsun Technologies

Axsun Technologies is a company based in Billerica (United States) founded in 1998 was acquired by Excelitas in December 2018.. Axsun Technologies has raised $111 million across 4 funding rounds from investors including Goldman Sachs, SVB and Agilent. Axsun Technologies operates in a competitive market with competitors including Innolume, Vixar, poLight, sensiBel and Unispectral, among others.

  • Headquarter Billerica, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $111 M (USD)

    in 4 rounds

  • Latest Funding Round
    $10 M (USD), Series D

    Nov 07, 2006

  • Investors
    Goldman Sachs

    & 13 more

  • Employee Count
    Employee Count
  • Acquired by
    Excelitas

    & 1 more

    (Dec 12, 2018)

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Funding Insights of Axsun Technologies

Axsun Technologies has successfully raised a total of $111M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $10 million completed in November 2006. 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 Rounds 4
  • Last Round Series D — $10.0M
  • First Round

    (15 Jan 2001)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2006 Amount Debt – Conventional - Axsun Technologies Valuation

investors

Nov, 2006 Amount Series D - Axsun Technologies Valuation

investors

Jan, 2001 Amount Debt – Conventional - Axsun Technologies Valuation

investors

SVB
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Axsun Technologies

Axsun Technologies has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Goldman Sachs, SVB and Agilent. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
VC firm investing in the US
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Axsun Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Axsun Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Axsun Technologies Comparisons

Employees
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Competitors of Axsun Technologies

Axsun Technologies 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 Innolume, Vixar, poLight, sensiBel and Unispectral, 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
Quantum-dot and diode lasers are manufactured for photonic applications.
domain founded_year HQ Location
Optical Components for Sensors
domain founded_year HQ Location
Focus actuators for optical lenses are developed using piezo materials.
domain founded_year HQ Location
Noise cancellation-enabled MEMS microphones are manufactured by sensiBel in Norway.
domain founded_year HQ Location
Hyper spectral digital imaging sensors
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Axsun Technologies

Frequently Asked Questions about Axsun Technologies

When was Axsun Technologies founded?

Axsun Technologies was founded in 1998 and raised its 1st funding round 3 years after it was founded.

Where is Axsun Technologies located?

Axsun Technologies is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.

Is Axsun Technologies a funded company?

Axsun Technologies is a funded company, having raised a total of $111M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Jan 15, 2001.

What does Axsun Technologies do?

Axsun Technologies was founded in 1998 and is headquartered in Billerica, United States. Operations focus on the development and manufacture of MEMS-based micro-optical spectrometers and channel monitors. These products serve applications in pharmaceuticals, chemicals, petrochemicals, homeland security, telecommunications, industrial processes, and medical imaging. The companys packaging platform integrates patented MEMS devices with micro-optic technology and automated assembly for scalable production in the optics sector.

Who are the top competitors of Axsun Technologies?

Axsun Technologies's top competitors include Vixar, poLight and Innolume.

Who are Axsun Technologies's investors?

Axsun Technologies has 14 investors. Key investors include Goldman Sachs, SVB, Agilent, Analog Devices, and Oppenheimer.

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