When was Axsun Technologies founded?

Axsun Technologies was founded in 1998 and raised its 1st funding round 3 years after it was founded.

Where is Axsun Technologies located?

Axsun Technologies is headquartered in Billerica, United States.

Is Axsun Technologies a funded company?

Axsun Technologies is a funded company, having raised a total of $111M across 4 funding rounds to date. The company's 1st funding round was a $***** Series D round, raised on Jan 15, 2001.

When was the latest funding round of Axsun Technologies?

Axsun Technologies' latest funding was a $***** Series D round on Nov 07, 2006, with participation from 3 investors. Its primary sector is Photonics. In United States, the Photonics sector has seen $5B in funding in 2026 to date.

Where does Axsun Technologies rank among its competitors?

Axsun Technologies ranks 19th amongst 182 active competitors, of which 26 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Infinitesima, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Axsun Technologies?

Axsun Technologies' top competitors include ONI, FEI Company and Park Systems. Among them, Infinitesima secured the most recent funding round in January, 2026.

Axsun Technologies - 2026 Company Profile, Funding & Competitors

Axsun Technologies is an acquired company based in Billerica (United States), founded in 1998. It operates as a Develops and manufactures MEMS-based optical engines. Axsun Technologies has raised $111M in funding from Oppenheimer. The company has 182 active competitors, including 26 funded and 37 that have exited. Its top competitors include companies like ONI, FEI Company and Park Systems.

Company Details

Axsun Technologies develops and manufactures MEMS-based micro-optical spectrometers and optical channel monitors for pharmaceutical, chemical and petrochemical, homeland security and telecom network applications. The Axsun Packaging Platform combines Patented MEMs devices and proprietary Micro-Optic technology, with a highly scalable, automated assembly process to enable the highest performance optical engines for Telecommunications, Industrial and Medical Imaging applications. Axsun’s integrated optical engines provide higher levels of performance in a much smaller footprint than bulk optical solutions, consuming less material, labor, and power.

Website: axsun.com
Email ID: *****@axsun.com

Key Metrics

Founded Year

1998

Location

Billerica, United States

Stage

Acquired

Total Funding

$111M in 4 rounds

Latest Funding Round

Series D, Nov 07, 2006, $*****

Investors

Oppenheimer & 12 more

Ranked

19^th among 182 active competitors

Similar Companies

poLight & 49 more

Exit Details

Acquired by Excelitas (Dec 12, 2018)

View Axsun Technologies' full profile

Axsun Technologies got acquired by Excelitas on Dec 12, 2018.

Click here to take a look at Axsun Technologies's acquisition in detail

Axsun Technologies has raised a total funding of $111M over 4 rounds. Its first funding round was on Jan 15, 2001. Its latest funding round was a Series D round on Nov 07, 2006 for $*****. 3 investors participated in its latest round. Axsun Technologies has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Axsun Technologies:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 07, 2006	1388444	Series D	6654314	2559350	9771224	3338560
Nov 07, 2006	7560491	Conventional Debt	5142420	6090716	4751052	3394122
Jan 16, 2001	8850947	Conventional Debt	7686235	1981884	1083155	SVB

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Top competitors of Axsun Technologies include ONI, FEI Company and Park Systems. Here is the list of Top 10 competitors of Axsun Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ONI 2016, Oxford (United Kingdom), Series B	Biotechnology company specializing in super-resolution microscopy systems	$113M	Oxford Science Enterprises, Arch Venture Partners ... & 21 others	65/100
2nd	FEI Company 1971, Hillsboro (United States), Acquired	Electron microscopy solutions for advancing scientific discovery and industrial innovation	$300K	Starboard Capital Partners, Europa & 2 others	65/100
3rd	Park Systems 1997, Suwon-si (South Korea), Public	Manufacturer of atomic force microscopy and metrology instrumentation and solutions	-	JAFCO Asia	60/100
4th	M Squared 2006, Glasgow (United Kingdom), Series B	Developer of light-sheet microscopy systems for multiple business verticals	$30.7M	BGF, Barclays & 9 others	60/100
5th	poLight 2005, Horten (Norway), Series C	Developer of focus actuators for optical lenses	$58.2M	TD Veen, Industrifonden & 4 others	59/100
6th	Tomocube 2015, Daejeon (South Korea), Public	Holographic microtomography for cellular microscopy	$2M	SBVA, InterVest & 4 others	57/100
7th	sensiBel 2016, Oslo (Norway), Series A	Manufacturer of noise cancellation-enabled MEMS microphone	$23.6M	TRUMPF, Sennheiser & 8 others	56/100
8th	Infinitesima 2001, Abingdon (United Kingdom), Series B	Developer of atomic precision 3D metrology technology for semiconductor manufacturing	$218K	Maverick Silicon, Company K Partners & 39 others	51/100
9th	Wooptix 2016, Madrid (Spain), Series C	Application that allows 3D capture using single standard camera	$24.9M	Bullnet Capital, Samsung Venture Investment ... & 11 others	51/100
10th	Nikon Metrology 1917, Leuven (Belgium), Funding Raised	Provider of optical inspection and mechanical 3D metrology solutions	-	Europa	48/100
19th	Axsun Technologies 1998, Billerica (United States), Acquired	Develops and manufactures MEMS-based optical engines	$111M	Goldman Sachs, Millennium Technology Value Partners ... & 11 others	45/100