Axela, Inc.

Axela, Inc.

Axela, Inc.

Date Founded



50 Ronson Drive,Suite 105,Toronto, ON M9W 1B3

Type of Company



Industrial Machinery & Manufacturing
Hospitals & Patient Services
Holding Companies
Aerospace & Defense

Company Description

Axela, Inc. develops biosensor technology. It offers next generation, commercial stage, multiplex tools that provide enhanced analysis of proteins, DNA and RNA. The firm’s products include Ziplex System, autograph, metabolic, colon and breast cancer, inflammation Xpress chips, diffractive optics technology and sensors, dotLab mX System and dot-Avidin, Ready and Covalent products. The company was founded by M. Cynthia Goh, Richard Loo, B. Jane Goh and Richard McAloney in 2001 and is headquartered in Toronto, Canada.

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Executives & Employees

President, Chief Executive Officer & Director

Head, Research & Development

Head-Assay Development

Head-Development & Manufacturing

Vice President, Finance

Consultant Advisor

Chief Financial Officer (Xceed Molecular)

Board of Directors

Former Director, Mezzanine Investments & Buy-Outs at VenGrowth Private Equity Partners, Inc.

President, Chief Executive Officer & Director at Axela, Inc.

General Partner at TVM Life Science Management, Inc.

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Axela, Inc.
Recent Transactions
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ANGLE plc purchases Axela, Inc. /Certain Assets from Axela, Inc.

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Axela, Inc. purchases Xceed Molecular Corp.

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Kimberly-Clark Corp. purchases Axela, Inc.

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The federal government of Canada is the body responsible for the federal administration of Canada. In Canadian English, the term can mean either the collective set of institutions (the legislative, executive, and judicial branches) or specifically the Queen-in-Council (the executive, also called Her Majesty's Government.

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Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional (KCP). The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products. The Consumer Tissue segment produces and sells facial and bathroom tissue, paper towels, napkins, and related products for household use. The K-C Professional segment supplies workplace supporting products such as wipers, tissue, towels, apparel, soaps, and sanitizers. The firm's brands include Depend, Huggies, Kleenex, Kotex, and Scott. The company was founded by John A. Kimberly, Havilah Babcock, Charles B. Clark, and Frank C. Shattuck in 1872 and is headquartered in Irving, TX.

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Covington Capital focuses on mid-to-late stage enterprises in Canada, primarily Ontario.They targets the companies with an EBITDA size ranging from $1 to $10 million. The firm invest in companies operating in the fields of business services, educational services, family services, financial services, infrastructure services, health services, engineering, niche manufacturing and industrial distribution. They provides equity financing for growth capital requirements.The advantages of Covington Capital are:1) They understand that there is more to selling a business than the price.2) They are flexible and creative in solving challenges.3) They seek partrnerships.4) They are not passive investors5) They bring a wealth of experience.

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