AXION FUND
The Axion Fund is an early-stage investment fund that backs the commercialization of IP from Canadian universities and innovation centres, supporting startup growth in every region — including emerging hubs like Northern Ontario.
By prioritizing pro rata rights in our 40+ portfolio companies, we’ve built a fund that continues to double down on our winners — preserving our stake as companies scale.
Meet The Axion Team
We believe great companies are being built in every corner of Canada — from research labs developing breakthrough IP to founders scaling in Northern Ontario. Our team closes the gap by giving accredited investors access to a specialized fund, while providing IP-rich companies the capital that conventional funding paths often miss. It’s how we connect investors with opportunity, and how we help great ideas reach the market.
Peyvand Melati
General Partner
Justin Kim
Venture Partner
Pat Dubreuil
Venture Partner
Ehsan Mirdamadi
General Partner
Gilberto Gandra
Venture Partner
Our 2026 Trends in an AI-Native Future: Living with Super Intelligence marks the shift from AI as a tool to intelligence as the operating system of our lives. As agentic, embedded, and ambient systems move from recommendation to execution, intelligence is becoming operational infrastructure across work, commerce, and society. Designed for Archangel Axion and our Network of Funds, it outlines the key product, platform, and venture opportunities over the next 3–5 years.
2026 isn’t about predicting the future—it’s about learning how to live in it.…. to learn more, download the 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.
Crewscope is an AI solution for field operations. We connect workers with the plan, keep jobs on schedule, and cut execution costs and timelines.
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.
Harvest Systems is developing waste heat recovery, starting with the restaurant, institutional and hotel industries, to reduce operating costs and greenhouse gas emissions through scalable, cost-effective technologies.
IRegained is developing novel in-home systems to rehabilitate stroke and traumatic brain injury survivors.
Kiwi Charge is a robotics and AI company delivering affordable, scalable EV charging for apartments using autonomous mobile charging robots.
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.
AI-powered insights for land and property: get answers in seconds, reduce paperwork, and show up with the right info, every time.
LearnExperts LEAi reinvents Instructional Design, by leveraging AI to automate learning course creation and production 67% faster than the traditional process.
LoopX develops advanced AI and robotics technologies to deliver next-gen collision avoidance, situational awareness, and autonomy, transforming safety and operational efficiency in mining.
Mantle delivers innovative distributed cloud infrastructure, empowering organizations with data sovereignty, performance, and resilient backup protection.
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.
miRoncol is developing a multi-cancer risk assessment blood test for health checkups to enable more people to detect cancers early.
Mirsee Robotics provides advanced humanoid systems to transport skilled human labour and automate repetitive jobs.
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.
Nimble Science is transforming GI care through precision diagnostics powered by direct small-intestine sampling and multi-omic analysis.
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.
Point Laz develops mine shaft inspection technologies, increasing mine productivity, reducing down time and improving miner’s safety.
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.
AI/3D/XR fashion tech to transform online shopping via precise size recommendations, realistic 3D virtual try-ons, and custom-fit solutions.
ToothPod is the developer of smart dental gum designed to support oral health anytime, anywhere.
Turboplay is a Canadian frontier technology leader providing powerful, meaningful customer experience solutions for global enterprises.
Twin Paradox Labs builds the enabling electro-optics that are key to unlocking the decades-long promise of commercial quantum technologies.
vGIS is redefining infrastructure construction projects with engineering-grade augmented reality and AI-powered digital twin technology.
Waive transforms clinics into intelligent, self-running systems that cut admin time from hours to minutes.
Willful is making it easy, affordable, and convenient for Canadians to get a will and other end-of-life plans in place online.
