ProAxion, Inc.

Maximizing Industrial Uptime

General Information
Company Name
ProAxion, Inc.
Founded Year
2015
Location (Offices)
Cary, United States +1
Founders / Decision Makers
Number of Employees
10
Industries
AI, Industrial, Information Technology +2
Funding Stage
Seed
Social Media

ProAxion, Inc. - Company Profile

ProAxion is an Industrial Internet of Things (IIoT) company founded in 2015 with a mission to maximize the up-time and overall competitiveness of industrial manufacturing facilities. Their technology leverages wireless sensor and computing technology to allow customers to predict and prevent disruptive failures of industrial machines. The company recently received a $1.69MSeed Round investment on July 07, 2022 from the Triangle Tweener Fund. Based in the United States, ProAxion operates in the Information Technology sector and aims to revolutionize industrial maintenance and operations with its innovative solutions.

Taxonomy: Industrial Internet of Things (IIoT), Predictive Maintenance (PdM), Manufacturing Equipment Reliability, Wireless Sensor Technology, Predictive Software, Data-Driven Operations, Industrial Machine Monitoring, Industrial Equipment Optimization

Funding Rounds & Investors of ProAxion, Inc. (4)

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Funding Stage Amount No. Investors Investors Date
Seed Round $1.69M 1 07 Jul 2022
Convertible Note $518.00K 1 30 Oct 2018
Seed Round $500.00K 3 Triangle Angel Partners 22 Sep 2017
Grant $50.00K 1 NC IDEA 09 Jun 2016

Latest News of ProAxion, Inc.

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