Axio was founded in 2008 by Leo Mavely, a bioengineer to develop novel biopolymer platform based products for wound care.
Axio has the distinction to be the first company from India to design, develop and commercialize an Emergency Haemostat for Trauma care.
Controlling life-threatening bleeding continues to be the major cause of death from traumatic injuries. Axiostat® is its flagship product developed to reduce the mortality due to traumatic bleeding. Axio is a ISO 13485 certified company with an experienced team focused on bringing high-impact medical products to market.
Specialties
Prehospital Wound care, Wound management, Biomaterials, Medical Devices
Location: India, Karnataka, Bengaluru
Employees: 51-200
Phone: +91 88607 86067
Total raised: $18.6M
Founded date: 2008
Investors 3
| Date | Name | Website |
| - | Chiratae V... | chiratae.c... |
| 10.04.2024 | Madison In... | madison-in... |
| - | Accel Part... | accel.com |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 27.07.2021 | - | $6M | - |
| 09.01.2020 | Series B | $5.2M | - |
| 26.01.2018 | - | $7.4M | - |
Mentions in press and media 13
| Date | Title | Description | Source |
| 28.07.2021 | Axio Biosolutions raises $6 million from TrueScale, others | ETtechLeo Mavely, founder and chief executive at Axio Biosolutions. (Photo: company website) Mumbai:... | economicti... |
| 27.07.2021 | Medtech Startup Axio Biosolutions Raises $6 Mn From TrueScal... | Axio Biosolutions, a Boston and Bengaluru-based medical device company has raised $6 Mn in Series B2... | inc42.com/... |
| 27.07.2021 | Ratan Tata’s fund-backed Axio Biosolutions raises $6 million... | The round was led by TrueScale, with participation from Omidyar India, Accel and others. TrueScale’s... | businessin... |
| 27.07.2021 | Axio Biosolutions raises $6 million in Series B2 round led b... | In total, Axio has raised over $20 million till date Med-tech company Axio Biosolutions has raised $... | thehindubu... |
| 27.07.2021 | Axio Biosolutions raises $6 million in funding led by Truesc... | ETtechIllustration: Rahul Awasthi Medical technology company Axio Biosolutions on Tuesday said it ha... | economicti... |
| 09.01.2020 | Omidyar leads $5.2 mn extended Series B round in Ratan Tata-... | Binu Paul 9 Jan, 2020 Bengaluru-based wound care products maker Axio Biosolutions has raised $5.2 mi... | techcircle... |
| 09.01.2020 | Axio Biosolutions snags $5m funding led by Omidyar Network I... | Premium Medtech start-up Axio Biosolutions on Thursday said it has raised Rs36 crores ($5.2 million)... | dealstreet... |
| 09.01.2020 | [Funding alert] Medtech firm Axio Biosolutions raises Rs 36 ... | Axio Biosolutions, the first Indian company to get USFDA (US-Food and Drug Administration) clearance... | yourstory.... |
| 09.01.2020 | Axio Biosolutions raises Rs 36 cr in Series B-1 round led by... | Axio Biosolutions, has raised Rs 36 crores ($5.2 million) in Series B-1 round of funding led by Omid... | thehindubu... |
| 26.01.2018 | India: Axio Biosolutions raises $7.4m led by Ratan Tata’s RN... | Premium Medical devices firm Axio Biosolutions, has raised $7.4 million in a Series B funding round ... | dealstreet... |
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