The AXION FUND is a vehicle to assist in two primary areas:

First, its Canadian IP focus is to assist in the commercialization and growth of ideas and research-based companies, generated within universities and other innovation centers across Canada. The funding helps inventors with scalable intellectual property to protect their work and navigate through the investment and funding landscape.

Second, its Northern Ontario focus, with a primary directive being to attract, mentor, coach, fund and commercialize early-stage start-ups and later scale-ups that have a plan to be partly or entirely settled, or desire to locate in some form in Northern Ontario.

Our Mission

To unlock capital and accelerate the transition of Canada into an innovation economy through three strategic focuses:

  1. Make angel investment accessible to investors who otherwise are not able to participate.
  2. Promote the creation and commercialization of intellectual properties and hyper growth outcomes.
  3. Remove barriers for Canadian inventors to connect to smart and value add investors and industry partners.

Where We Focus

Axion focuses on seed-stage start-ups with strong, research and data-driven IP in:

AI/ML

AI Security

IoT

Clean Tech

Smart Manufacturing

MedTech

Home Automation

The average cheque size varies from $100-300K across 30-50 deals over 5 years.

Axion has six key sector focuses

Smart Manufacturing

Smart Devices

MedTech

Clean Tech

Autonomous Cars

AI & AI Security

The Axion Team

Peyvand Melati - ArcAngel General Partner
Peyvand Melati
General Partner
Ehsan Mirdamadi - ArcAngel General Advisor

Ehsan Mirdamadi

General Partner
Peter Dal Bianco - ArcAngel General Advisor

Peter Dal Bianco

General Partner
Chad Pallopson - ArcAngel General Partner
Chad Pallopson
General Partner
Ehsan

EHSAN MIRDAMADI, GP
Obtained his BSc in Computer Science from York University and has been an active entrepreneur Since 1999 Throughout his 20 years of experience, he has founded, led and exited multiple successful ventures in cloud computing, cloud software and biotech in Canada and the United States. He is also an active angel investor and advisor for technology and venture development to dozens of ventures

Payvand

PEYVAND MELATI, GP
Peyvand is a highly accomplished entrepreneur and angel investor who has successfully launched multiple businesses His expertise includes in depth knowledge of commercialization and growth of companies in major vertical industries, with a focus on AI, IOT, Clean Tech and Med Tech He is an experienced leader of the startup process from initial inception to launch Peyvand has a particular knack for setting priorities, developing strategies and building teams to successfully execute

Aaron3

AARON REZAEI, GP
As an Angel Investor, Aaron is focusing mostly on pre seed and seed stage start ups in High tech, Fintech, BigData / Electronics Design, Manufacturing and Commercialization As a serial entrepreneur, investor and advisor, Aaron has co founded a few different companies in Electronics Design and EMS (Electronics Manufacturing Services), High Voltage and Power P&C (Protection Control) and SCADA panel design, Automation and Smart Manufacturing in Canada and the United States

Mellie

MELLIE CHOW, Venture Partner 
Venture Partner Mellie is an Angel Investor, Competitive Strategist, Startup advisor and Executive Director of Product Research at Comcast She has extensive experience working with tech entrepreneurs ranging from Fortune 50 to early stage startups she manages complex business transformation projects, builds digitally disruptive agile products, and provides growth advisory She also serves on the advisory board for Electro Medical Instruments Co and Purple Arch Ventures Mellie holds a BS in Mechanical Engineering from the University of Waterloo, and an MBA from Kellogg and the Schulich School of Business at York University

Moien

MOIEN GIASHI, Venture Partner 
Venture Partner Moien received his Ph D as a Vanier Scholar from the University of Toronto Moien has specialization in 3 D printing, Materials, Oil and Gas and Medical Devices Moien was a Venture Manager at Creative Destruction Lab, where he managed deep tech startups and supported 12 M in fundraising Moien currently works in the Medical Devices industry, designing strategies for innovation and product design At Axion, Moien supports fundraising, due diligence, startup scouting and government relation activities

Bianco

PETER DALl BIANCO, born in Italy and came to Sudbury in 1952. Launched first business in 1975 as a record and electronics retailer in Sudbury Ontario.  By 1981, added several more Northern ventures including–  Franchising National Video, Movie Rental locations, which led to a move to Toronto in 1983 becoming President of the National Video Franchise chain for Canada. In 1986 became 2nd largest shareholder of the parent company, National Video International (NVI) of Portland Oregon and with almost 700 locations in North America helped take company public on Nasdaq. By 2007, having additionally started and expanded multiple Northern ventures– Peter was recognized for his long- lasting success as a Northern Ontario businessman by receiving two awards. (1) Entrepreneur of the Year– at the Bell Business Excellence Awards, (2) Entrepreneur of the Year– at the NORTHERN ONTARIO BUSINESS AWARDS. In  2014, joined the mentorship Board of NORCAT’s Innovation sector. Was Sudbury Consultant for NOA (Northern Ontario Angels) from 2015-2020. And helped raise over $8 million in Angel funding for new startups and scaleups throughout the North. Presently, NORCAT’s principal EIR, (Entrepreneur-in-Residence).

Chad2

CHAD PALLOPSON has over 20 years of capital markets experience at some of Wall Street’s largest firms including J.P. Morgan, SVB Leerink, and Lazard. In addition, Mr. Pallopson has also been a Managing Partner and Portfolio Manager at a Connecticut based long/short equity hedge fund. After more than 2 decades in the New York City area, Mr. Pallopson recently moved back home to Canada. Born and raised in Orillia, ON he now resides in Parry Sound. He is currently a consultant for the Northern Ontario Angels and a member of the NORCAT mentor advisory board. He has a Bachelor of Science degree from the Wharton School of the University of Pennsylvania in Philadelphia.

Who we are

Axion fund was built by a team of experienced investment professionals. Our team has worked in diverce industry and markets. We believe that relationships still matter. We have created a hands-on model where person-to-person interaction is supported and central to what we do. Our team works closely with our users to ensure a personalized experience. We move fast because markets move fast, good deals move fast, and if you’re building a high-growth startup, you shouldn’t spend more time than necessary on fundraising.
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Your opinions are important to us. Whether it is a simple question or a valuable suggestion, we are here 24/7. You can call us by phone or email us directly.

137 Glasgow St. Unit 210, Kitchener, ON, N2G 4X8

Copyright 2020