AXO: Funding, Investors & Team (Sep 2026)
The current annual global expenditure on railway switches is over 30 billion US dollars, with more than 1.5 million switches capable of being converted to digital technology. Currently, maintenance is primarily carried out manually at set intervals, which is not only expensive but also ineffective in preventing unexpected breakdowns. Innovative solutions such as those offered by AXO allow for a more efficient utilization of railway infrastructure, decrease the need for personnel, lower the overall costs of maintaining switches, and enhance the reliability and sustainability of rail transportation.
AXO has raised $3.4M across 2 funding rounds on record, the most recent a Seed of $3.4M announced in Jun 2025.
That round is below the $5.6M median round size for Internet Services companies tracked on FundedIQ over the last two years.
AXO Company Profile and Key Stats
Latest funding round on record: Jun 2025.
AXO Funding Rounds
1 of 2 rounds was announced without a disclosed amount and is excluded from the total.
AXO announced an Angel in Mar 2025; the amount was not disclosed.
3 months later, a Seed of $3.4M was announced in Jun 2025.
AXO Founders and Leadership Team
No contact details are on record for this team yet.
AXO Funding Compared to Other Internet Services Startups
AXO's latest round of $3.4M is below the median round in Internet Services. Medians cover the last 24 months of disclosed rounds.
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AXO Funding FAQs
What does AXO do?
The current annual global expenditure on railway switches is over 30 billion US dollars, with more than 1.5 million switches capable of being converted to digital technology. Currently, maintenance is primarily carried out manually at set intervals, which is not only expensive but also ineffective in preventing unexpected breakdowns. Innovative solutions such as those offered by AXO allow for a more efficient utilization of railway infrastructure, decrease the need for personnel, lower the overall costs of maintaining switches, and enhance the reliability and sustainability of rail transportation.
How much funding has AXO raised?
AXO has raised $3.4M across 2 rounds on record. The most recent is a Seed of $3.4M announced in Jun 2025.
When did AXO last raise funding?
AXO's most recent funding round on record is a Seed of $3.4M, announced in Jun 2025.
Who founded AXO?
FundedIQ lists Naval Sharma (Founder) at AXO.
Where is AXO headquartered?
AXO is based in Berlin, Germany.
How many employees does AXO have?
AXO is in the 11-50 employee band.
How does AXO's funding compare to other Internet Services startups?
AXO's latest round of $3.4M is below the $5.6M median round size for Internet Services companies on FundedIQ across 647 tracked companies over the last two years.
About FundedIQ's AXO Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for AXO is left off this page rather than filled in.
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