Tech Company Financing Transactions

Axios Mobile Assets Funding Round

Relay Ventures and private investors participated in a $13.4 million funding round for Axios Mobile Assets. The round was announced on 12/23/2015.

Transaction Overview

Announced On
12/23/2015
Transaction Type
Venture Equity
Amount
$13,430,000
Round
Undisclosed
Investors

Relay Ventures (Lead Investor) (John Albright)

Proceeds Purpose
Proceeds from the financing will be used primarily to help Axios meet rising demand for its proprietary pallet-based logistics system from food producers in the United States and for general working capital purposes.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
400 Grand River Ave. 100
Detroit, MI 48226
USA
Email Address
Overview
Axios Mobile Assets Corp. is a logistics enabler featuring a next generation, bio-based pallet technology.
Profile
Axios Mobile Assets LinkedIn Company Profile
Social Media
Axios Mobile Assets Company Twitter Account
Company News
Axios Mobile Assets News
Facebook
Axios Mobile Assets on Facebook
YouTube
Axios Mobile Assets on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard MacDonald
  Richard MacDonald LinkedIn Profile  Richard MacDonald Twitter Account  Richard MacDonald News  Richard MacDonald on Facebook
Chief Financial Officer
Marc Topacio
  Marc Topacio LinkedIn Profile  Marc Topacio Twitter Account  Marc Topacio News  Marc Topacio on Facebook
VP - Sales
Matthew DiDio
  Matthew DiDio LinkedIn Profile  Matthew DiDio Twitter Account  Matthew DiDio News  Matthew DiDio on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/23/2015: Gemphire Therapeutics venture capital transaction
Next: 12/23/2015: Cohero Health venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary