AXION FUND
The AXION FUND is a vehicle to assist in two primary areas:
First, its Canadian IP focus is to assist in the commercialization and growth of ideas and research-based companies, generated within universities and other innovation centres across Canada. The funding helps inventors with scalable intellectual property protect their work and navigate through the investment and funding landscape.
Second, its Northern Ontario focus, with a primary directive to attract, mentor, coach, fund and commercialize early-stage start-ups and later scale-ups that have a plan to be partly or entirely settled, or have a desire to locate in some form to Northern Ontario.
Our Mission
To unlock capital and accelerate the transition of Canada into an innovation economy through three strategic focuses:
- Make angel investment accessible to investors who otherwise are not able to participate.
- Promote the creation and commercialization of intellectual properties and hyper growth outcomes.
- Remove barriers for Canadian inventors to connect to smart and value add investors and industry partners.
Axion’s average cheque size varies from $100-300K to provide investors with the diversity of 30-50 deals over 5 years.
Our Focus
Axion focuses on seed-stage start-ups with strong, research and data-driven IP in:
AI/ML
Health Tech
IoT
AI Security
Industry 4.0
Clean Tech
Home Automation
Our 2024 Connected-Consumer Trends Report, Trends for Everything, Everywhere, all at once is aimed to ultimately provide Archangel Axion and our Network of Funds with an ability to make the most strategic and necessary investment decisions and inspire and help Canada become an innovation economy! It is written from a future of product and technology, consumer expectation and venture opportunity for the upcoming year and beyond (3-5 yr outlook)…. to learn more, download full report.
Portfolio
1Mentor partners with colleges and universities to prepare students for the future of work by equipping decision-makers with quality tools and labour market insight to catalyze students’ professional development.
Carbonhound is a Carbon management software platform for Small and mid-sized enterprises (SMEs) to measure, reduce, verify, and market their carbon emissions.
CircuitIQ has developed an innovative new solution for power mapping and circuit labelling, producing complete as-built electrical plans.
Collide has created a collaboration and facilitation software that helps teams ideate asynchronously, land on decisions together, and communicate plans for action.
Cyber Legends is a game-based learning platform that teaches children grades K-8 how to be safe online.
DarwinAI developed Explainable AI (XAI) to optimize automation and human- in-the-loop decision making in real-world enterprises.
EAIgle is a human-centric Al company developing enterprise computer vision solutions for the workplace and public spaces to optimize processes, reduce costs and grow revenue.
Fibra is a data-driven women’s health platform, (patent-pending smart underwear+app) to give women personalized/accurate reproductive health data in the most automated, non-invasive and hassle-free manner.
Forcen, a Toronto-based company, has developed a digital “sense of touch” for the most demanding surgical robotic, industrial robotic/automation, and defense/aerospace sectors.
Foresight Analytics provides video-based insurance analytics tools targeting commercial auto insurers and their need to price risk better and reduce claims.
Genetics Adviser delivers genetic testing at scale and guides patients along their genetic testing journey.
IRegained is developing novel in-home systems to rehabilitate stroke and traumatic brain injury survivors.
Kritik is a peer-grading platform that distributes fair and accurate assessments by harnessing collective intelligence to simplify workflows and reduce turnaround time on feedback.
LabsCubed builds innovative automated hardware and software solutions that enable polymer producers to create and test materials faster.
LearnExperts LEAi reinvents Instructional Design, by leveraging AI to automate learning course creation and production 67% faster than the traditional process.
Mazlite offers an industrial IoT platform for spray monitoring and digitization in hazardous environments. The platform includes an IoT sensor for imaging, web-based software, real-time analytics/AI, and cloud-based data management.
Mesosil is a Toronto-based company developing the first lifetime-effect antimicrobial materials for dental and medical devices.
Mtion Interactive is a virtual 3D clubhouse for creators. Building the metaverse one virtual brick at a time. A Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars company.
NL Patent is empowering IP and R&D professionals with industry-leading AI-driven patent search & automation.
OrderEase’s platform optimizes wholesale supply chain and order processes, boosting efficiency and profitability by seamlessly integrating trading partner systems.
Radialis Medical specializes in advancing precision medicine by providing the next generation of organ-targeted imaging.
ReDeTec is an advanced plastics manufacturing company that has developed a 3D industrial grade filament extrusion and plastic recycling solutions.
Rocket Doctor is a comprehensive digital health platform and marketplace coordinating an entirely virtual healthcare system.
Symboticware innovates in the industrial Internet of Things (IIoT), delivering real-time, actionable, data-driven insights and smart analytics to streamline remote management of fixed and mobile assets in the natural resources sector.
Turboplay is a Canadian frontier technology leader providing powerful, meaningful customer experience solutions for global enterprises.
vGIS is redefining infrastructure construction projects with engineering-grade augmented reality and AI-powered digital twin technology.
Willful is making it easy, affordable, and convenient for Canadians to get a will and other end-of-life plans in place online.
The Axion Team
The Axion Fund was built by a team of seasoned entrepreneurs and investment professionals. Our team has worked in diverse industries and markets. We value our relationships and have created a hands-on model where person-to-person interaction is supported and central to what we do. We move fast because markets move fast, good deals move fast, and if you’re building a high-growth start up, you shouldn’t spend more time than necessary on fundraising.
Aaron Rezaei
General Partner
Ehsan Mirdamadi
General Partner
Peyvand Melati
General Partner
Chad Pallopson
Venture Partner
Justin Kim
Venture Partner
Mellie Chow
Venture Partner
Peter Dal Bianco
Venture Partner