Axios Mobile Assets Lands $13,430,000 New Round

  • Feed Type
  • Date
    12/23/2015
  • Company Name
    Axios Mobile Assets
  • Mailing Address
    400 Grand River Avenue Detroit, MI 48226 USA
  • Company Description
    Axios Mobile Assets Corp. is a logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market.
  • Website
    http://www.axiosma.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,430,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Relay Ventures
  • Venture Investor
    Undisclosed