Breaking Down the Deal with Axial3D
On 23rd March 2023 the CEOs Connect group was hosted at Axial3D premises to hear a fascinating insight into ”Breaking Down the Deal” where founder Dan Crawford gave fellow members a fascinating insight into Axial3D’s investment journey and most recent $15million raise led by Stratasys.
Chaired by CEOs Connect Advisory Group member Roisin Molloy of Trimedika, Dan shared Axial’s founding story and various investment rounds which led to their most recent strategic investment.
Key takeaways:
Use a CRM to manage your VC pipeline
It takes a lot of conversations to get to a deal and keep investors informed with updates on company progress
If taking investment from a PLC be prepared for a lot of due diligence
Investors were interested in the team and execution plan as much as the product (although IP helped)
Being mission-driven and changing lives has been a critical part of Axial3D’s story and success
A big thank you to Dan for hosting the group at Axial3D’ss exciting new premises.