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.
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.
Axion focuses on seed-stage start-ups with strong, research and data-driven IP in:
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, circuit labelling, and 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.
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.
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.
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.
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.
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.
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.
Peter Dal Bianco