Axium Nanofibers closed a $960,000 debt private placement which was subscribed by twenty two investors. This is the first time the company raises capital on the US private placement market.
The stealth company has developed a unique air filter that promises to deliver enhanced filtration efficiency at low energy consumption rate.
The Austin TX based Axium is lead by Eric Donsky (CEO) and was registered in 2010. The company did not disclosed its revenues.
Company: Axium Nanofibers
Industry: Other Technology
Amount offered: $1,000,000
Amount placed: $960,000
First Sale: 10/17/13