Panaxium - About the company
Panaxium is a seed company based in Aix-en-Provence (France), founded in 2016 by Brad Schmidt. It operates as a Developer of medical equipment for surgeons and neurologists to treat brain injuries. Panaxium has raised an undisclosed amount in funding from Ontario Brain Institute. The company has 85 active competitors, including 20 funded and 3 that have exited. Its top competitors include companies like Nudge, VISIE and Darmiyan.
Company Details
Developer of medical equipment for surgeons and neurologists to treat brain injuries. The company has a BMI platform a bioelectronic medicine technology built for surgeons and neurologists to directly intervene and treat brain injuries.
- Website
- panaxium.com
- Email ID
- *****@panaxium.com
- Phone Number
- +33 **********
Key Metrics
Founded Year
2016
Location
Aix-en-Provence, France
Stage
Seed
Latest Funding Round
Investors
Ranked
3rd among 85 active competitors
Employee Count
14 as on Aug 31, 2026
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Panaxium's funding and investors
Panaxium has raised funding over 4 rounds. Its first funding round was on Jan 01, 2019. Its latest funding round was a Grant (prize money) round on Nov 28, 2025 for $*****. 1 investor participated in its latest round. Panaxium has 3 institutional investors.
Here is the list of recent funding rounds of Panaxium:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 28, 2025 | 2062205 | Grant (prize money) | 8685260 | 3190766 | 8477469 | 4883483 |
Jan 01, 2024 | 9291801 | Grant (prize money) | 5310296 | 8615504 | 9684479 | |
Apr 10, 2023 | 3810547 | Seed | 6180469 | 3432561 | 7840103 |
View details of Panaxium's funding rounds and investors
Panaxium's founders and board of directors
Founder? Claim ProfileThe founders of Panaxium is Brad Schmidt. Brad Schmidt is the CEO of Panaxium.
Here are the details of Panaxium's key team members:
- Brad Schmidt: Founder & CEO of Panaxium.
View details of Panaxium's Founder profiles and Board Members
Panaxium's employee count trend
Panaxium has 14 employees as of Aug 26. Here is Panaxium's employee count trend over the years:
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Panaxium's Competitors and alternates
Top competitors of Panaxium include Nudge, VISIE and Darmiyan. Here is the list of Top 10 competitors of Panaxium, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nudge 2024, San Francisco (United States), Series A | Developer of whole-brain interfaces intended to improve human-brain interaction | $100M | 55/100 | |
2nd | VISIE 2017, Austin (United States), Series A | Provider of 3D intraoperative imaging technology for orthopedic, neuro, and spine surgery | $12.7M | 54/100 | |
3rd | Developer of medical equipment for surgeons and neurologists to treat brain injuries | - | 53/100 | ||
4th | Darmiyan 2015, San Francisco (United States), Seed | Platform for presymptomatic diagnosis of neurodegenerative disorders | $10.1M | 53/100 | |
5th | Inscopix 2011, Palo Alto (United States), Acquired | Platform specialized in developing miniscope platforms for decoding brain neural circuits | $11.5M | 52/100 | |
6th | Imaginostics 2011, Cambridge (United States), Series A | Provider of solution for magnetic resonance imaging biomarkers for diagnosis of neurological disorder | $7.64M | 51/100 | |
7th | Burl Concepts 2013, San Diego (United States), Series C | Developer of a portable ultrasound device for stroke detection | $10.4M | 45/100 | |
8th | QuantalX NeuroScience 2014, Ness Ziona (Israel), Funding Raised | Provider of AI-based diagnostic software for brain diseases | - | 44/100 | |
9th | Cortirio 2017, London (United Kingdom), Seed | Developer of smart devices for neurological disorders management | - | 43/100 | |
10th | Araya Brain Imaging 2013, Chiyoda City (Japan), Series B | Neuroimaging technology and services | $9.3M | 41/100 |
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Panaxium's Investments and acquisitions
Panaxium has made no investments or acquisitions yet.
Reports related to Panaxium
Here is the latest report on Panaxium's sector:
News related to Panaxium
Media has covered Panaxium for 1 event in last 1 year.
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CABHI invests $2.8 million to boost Canadian brain economyCNW•Nov 28, 2025•Neuropeutics, Theravac Biologics, Sinaptica Therapeutics, Juno and 6 others
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Synaptive Medical Partners with Panaxium to Bring Real-Time Intelligent High-Resolution Cortical Mapping to Neurosurgical ORStreetInsider.com•Oct 11, 2022•Panaxium, Synaptive Medical
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Bioelectronic Medicine Company Panaxium SAS To Open R&D Centre in FrancePanaxium•Feb 19, 2018•Panaxium
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