Startup Atlas · Healthtech

Axio Biosolutions

Axio Biosolutions Private Limited ● Ahmedabad, Gujarat ● Founded 2008 ● axiobio.com ↗

Ahmedabad-based medtech company that makes chitosan-based hemostatic and advanced wound-care products (Axiostat, MaxioCel) for trauma, military, surgical and chronic-wound-care markets; a wholly owned subsidiary of Boston-based Advamedica Inc.

Leo Mavely · Founder & Director
$20.7 MnTotal funding (tracked)
5Funding rounds
27 Jul 2021Last round
130Team size (sourced)

Axio Biosolutions: Funding Rounds

Date Round Amount Investors Source
27 Jul 2021 Series B2 $6 Mn TrueScale Capital Accel India Omidyar Network India UC-RNT Fund source
9 Jan 2020 Series B-1 $5.2 Mn Omidyar Network India Accel India Chiratae Ventures UC-RNT Fund source
26 Jan 2018 Series B $7.4 Mn RNT Capital Accel India Chiratae Ventures source
1 Jan 2016 Series A $2.1 Mn Accel India Chiratae Ventures source
1 Jan 2010 Seed Undisclosed GVFL source

Recent Signals

  • 1 Jan 2025 · growth-traction
    Wins CNBC-TV18 SME Awards 2025 for goods-export excellence in health & pharma source
  • 9 Jan 2020 · regulatory
    First Indian company to get USFDA clearance for a wound care product source

News on Axio Biosolutions

No coverage of Axio Biosolutions linked yet.

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FAQs on Axio Biosolutions

Who founded Axio Biosolutions?

Axio Biosolutions was founded by Leo Mavely in 2008.

How much funding has Axio Biosolutions raised?

Axio Biosolutions has raised $20.7 Mn across 5 tracked funding round(s), most recently on 2021-07-27. Figures are compiled from cited public sources.

Who are the investors in Axio Biosolutions?

Investors in Axio Biosolutions include TrueScale Capital, Accel India, Omidyar Network India, UC-RNT Fund, Chiratae Ventures, RNT Capital.

What does Axio Biosolutions do?

Ahmedabad-based medtech company that makes chitosan-based hemostatic and advanced wound-care products (Axiostat, MaxioCel) for trauma, military, surgical and chronic-wound-care markets; a wholly owned subsidiary of Boston-based Advamedica Inc.

Where is Axio Biosolutions headquartered?

Axio Biosolutions is headquartered in Ahmedabad, Gujarat, India.

What is Axio Biosolutions's business model?

Axio Biosolutions's core value proposition centers on Fast, natural bleeding control, Effective across trauma, military and vascular use cases, Accelerated chronic-wound healing.

How does Axio Biosolutions make money?

Axio Biosolutions's cited revenue streams include Product sales (Axiostat, MaxioCel).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: yourstory.com · Last verified 23 Oct 2026. · Report a correction