Axium Nanofibers snags more financing

Dec 26, 2013
Austin Business Journal

Filter maker Axium Nanofibers LLC has reported raising $1.2 million of a planned $15 million financing

The Austin-based company collected the capital from 11 investors, according to a Tuesday filing with the U.S. Securities and Exchange Commission

Axium Nanofibers, founded in 2010, develops air and water filter products using nanofiber technologies

In late October, it reported collecting $960,000 of a planned $1 million financing from 22 investors, SEC filings indicate

CEO Eric Donsky was previously the CEO of California-based TearLab Corp., and before than the CEO of BioAmber Inc., according to his online profile

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