Axoft

Axoft

Private
Cambridge, MassachusettsHealthcare & Life Scienceshttps://www.axoft.us

Last Round

Series A

Apr 29, 2026

Total Funding Raised

$63M

Momentum Score

50 /100

Company Overview

Axoft is a neurotechnology company, founded in 2021 and headquartered in Cambridge, Massachusetts, that develops implantable Brain-Computer Interfaces (iBCIs). The company spun out of research from Harvard University and creates its implants from novel, ultra-soft, and flexible materials designed to mimic brain tissue, thereby reducing scarring and improving long-term stability. Axoft's technology aims to provide a seamless, high-resolution interface between the brain and electronics to treat a range of neurological disorders. The company has received FDA Breakthrough Device designation and began its first-in-human clinical trials in early 2025. Axoft has raised over $18 million in funding from investors including The Engine, Reform Ventures, and Decent Capital.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Biotechnology, Advanced Materials, Medical AI

Business Model

B2B

Customer Profile

Hardware Sales, Hardware + Subscription, Services & Consulting

AI Layer

Application

Keywords

brain-computer interfaceBCIsoft brain implantneurotechnologyneurotechneural implantbrain chipmedical devicebio-inspired implantneurological disordersmedtechneural data decodingsoft electrodesmedical AIFDA Breakthrough Devicebiocompatible materials

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Axoft Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Axoft Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AApr 29, 2026
SeedOct 18, 2022

Axoft Investors

Notable investors and investment history

Market signals

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  • Apr 29, 2026

    Raised $55M led by C.P. Group Innovation.

  • Apr 1, 2026

    Introduced 'Fleuron polymers' product line, hiring chemist for development.

Axoft Filings

SEC and related filings with document metadata.

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Axoft Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersCambridge, Massachusetts
Employee Range32
Year Founded2021
Last FundingApr 29, 2026

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