Axoft Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
40
- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$55M
- Investors
-
23
Axoft General Information
Description
Developer of an ultrasoft, minimally invasive brain implant technology designed to record neural activity and support diagnosis and treatment of severe neurological conditions. The company offers high-resolution single-neuron brain interfaces capable of accessing cortical and deep brain regions, enabling patients with disorders of consciousness to gain improved prognosis and communication while supporting future neuromodulation therapies.
Contact Information
Website
www.axoft.usCorporate Office
- 148 Sidney Street
- Cambridge, MA 02139
- United States
Corporate Office
- 148 Sidney Street
- Cambridge, MA 02139
- United States
Axoft Timeline
Axoft Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC (Series A) | 22-Apr-2026 | $55M | Completed | Clinical Trials - Phase 1 | ||
| 7. Accelerator/Incubator | 01-Jan-2026 | Completed | Clinical Trials - Phase 1 | |||
| 6. Grant | 29-Oct-2025 | Completed | Clinical Trials - Phase 1 | |||
| 5. Accelerator/Incubator | 01-Jul-2023 | Completed | Product Development | |||
| 4. Accelerator/Incubator | 01-May-2023 | Completed | Product Development | |||
| 3. Seed Round | 20-Oct-2022 | Completed | Product Development | |||
| 2. Accelerator/Incubator | 01-Sep-2021 | Completed | Product Development | |||
| 1. Accelerator/Incubator | Completed | Startup |
Axoft Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A-2 | ||||||||
| Seed-1 | 863,196 | $0.000100 | $0.9 | $0.9 | 1x | $0.9 | 5.46% | |
| Seed | 1,853,989 | $0.000100 | $4.32 | $4.32 | 1x | $4.32 | 11.72% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Axoft Comparisons
Industry
Financing
Details
Axoft Competitors (9)
One of Axoft’s 9 competitors is Neurosoft Bioelectronics, a Venture Capital-Backed company based in Geneva, Switzerland.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Neurosoft Bioelectronics | Venture Capital-Backed | Geneva, Switzerland | ||||
| Precision Neuroscience | Venture Capital-Backed | New York, NY | ||||
| PathMaker Neurosystems | Venture Capital-Backed | Boston, MA | ||||
| Synchron | Venture Capital-Backed | New York, NY | ||||
| Neuralink | Venture Capital-Backed | Fremont, CA |
Axoft Patents
Axoft Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026217786-A1 | Systems and methods for implanting and explanting implantable devices | Pending | 10-Apr-2025 | ||
| WO-2026183160-A1 | Protium-deficient cross-linked polymer networks and methods of use for enhancing imaging of foreign objects | Pending | 26-Feb-2025 | ||
| WO-2026096357-A1 | Systems and methods of training and using a neural decoder | Pending | 28-Oct-2024 | ||
| EP-4747311-A1 | Perfluoropolyether copolymers for biomedical applications | Pending | 20-Jul-2023 | ||
| US-20250026885-A1 | Perfluoropolyether copolymers for biomedical applications | Pending | 20-Jul-2023 | C08J3/24 |
Axoft Signals
Axoft Investors (23)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Charoen Pokphand Group | Corporation | Minority | ||
| Gaorong Ventures | Venture Capital | Minority | ||
| Hillhouse Investment Group | PE/Buyout | Minority | ||
| LongRiver Investments | Venture Capital | Minority | ||
| Stanford President's Venture Fund | Venture Capital | Minority |
Axoft FAQs
-
When was Axoft founded?
Axoft was founded in 2021.
-
Where is Axoft headquartered?
Axoft is headquartered in Cambridge, MA.
-
What is the size of Axoft?
Axoft has 40 total employees.
-
What industry is Axoft in?
Axoft’s primary industry is Therapeutic Devices.
-
Is Axoft a private or public company?
Axoft is a Private company.
-
What is the current valuation of Axoft?
The current valuation of Axoft is .
-
What is Axoft’s current revenue?
The current revenue for Axoft is .
-
How much funding has Axoft raised over time?
Axoft has raised $63.8M.
-
Who are Axoft’s investors?
Charoen Pokphand Group, Gaorong Ventures, Hillhouse Investment Group, LongRiver Investments, and Stanford President's Venture Fund are 5 of 23 investors who have invested in Axoft.
-
Who are Axoft’s competitors?
Neurosoft Bioelectronics, Precision Neuroscience, PathMaker Neurosystems, Synchron, and Neuralink are some of the 9 competitors of Axoft.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process