Axel Overview
- Year Founded
-
2013
- Status
-
Private
- Employees
-
27
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
3
Axel General Information
Description
Developer of a measurement while drilling (MWD) platform designed to improve oil-drilling telemetry. The company specializes in utilizing and integrating different tools from manufacturers and provides customers the option of incorporating spare parts and choosing the appropriate equipment to fit their needs without being dependent on one single manufacturer, enabling businesses to reduce capital and operating costs.
Contact Information
Website
www.axelmwd.comCorporate Office
- Krymsky val, 3 b1
- Office 307
- Moscow
- Russia
Corporate Office
- Krymsky val, 3 b1
- Office 307
- Moscow
- Russia
Axel Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Accelerator/Incubator | 01-Oct-2024 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 2. Secondary Transaction - Private | 26-Sep-2022 | $500K | Completed | Generating Revenue | ||
| 1. Later Stage VC | 28-Nov-2017 | $500K | $500K | Completed | Generating Revenue |
Axel Comparisons
Industry
Financing
Details
Axel Competitors (1)
One of Axel’s competitors is StreetMetrics, a Venture Capital-Backed company based in Birmingham, AL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| StreetMetrics | Venture Capital-Backed | Birmingham, AL |
Axel Patents
Axel Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2011148054-A1 | User interface for media device | Inactive | 25-May-2010 | ||
| WO-2011095693-A1 | User interface of media device | Inactive | 04-Feb-2010 |
Axel Signals
Axel Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| University of Toronto | University | Minority | ||
| Phystech Ventures | Venture Capital | Minority | ||
| University of Toronto Entrepreneurship | Accelerator/Incubator |
Axel FAQs
-
When was Axel founded?
Axel was founded in 2013.
-
Where is Axel headquartered?
Axel is headquartered in Moscow, Russia.
-
What is the size of Axel?
Axel has 27 total employees.
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What industry is Axel in?
Axel’s primary industry is Oil and Gas Equipment.
-
Is Axel a private or public company?
Axel is a Private company.
-
What is Axel’s current revenue?
The current revenue for Axel is .
-
How much funding has Axel raised over time?
Axel has raised $500K.
-
Who are Axel’s investors?
University of Toronto, Phystech Ventures, and University of Toronto Entrepreneurship have invested in Axel.
-
Who are Axel’s competitors?
StreetMetrics is a competitor of Axel.
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