Tagged: filtering

Stealthy air filter developer raised $960,000 in debt

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.

Offering recap:
Status: Closed
Company: Axium Nanofibers
Industry: Other Technology
Amount offered: $1,000,000
Amount placed: $960,000
First Sale: 10/17/13


Content filtering tool in the market with $100,000 mezzanine offering

Woxxer, Inc. launched a $100,000 mezzanine fundraising effort via a non-brokered private placement which already secured one investor. The company expects to keep the offering open for a year. This is the first time the company is raising money on the US private placement market.

Woxxer developed a three-dimensional rating engagement tool which is a sortable filter and a user-powered data aggregator that allows users to navigate the vast amount of content and opinion available on the web. Woxxer’s architecture creates an effective content distribution channel whereby a user can market a blog or website and reach its targeted audience right away. The company has US patents pending on its core suite of technologies. The application (app) is expected to be released toward the end of the year.

Woxxer, Inc., registered in 2013, is headquartered in East Setauket NY. It also has an R&D presence in Europe and Israel. Matthew A. Mausner (Founder and CEO) is leading the executive team which includes Margot Hedy Stern and Yonina Cantor-Wiseman. The board of directors includes Stuart M. Selip and Edna Yahil.

Offering recap:
Status: First close
Company: Woxxer, Inc.
Industry: Other Technology
Amount offered: $100,000
Amount placed: $1,000