/Companies

Axcend

Salt Lake City, US · Founded 2016 · Delaware LLC · 1 known investors

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Axcend builds compact, portable HPLC (high-performance liquid chromatography) instruments, including the Focus LC line with automated sampling, real-time reaction monitoring, and multi-wavelength UV detection. Its analytical chemistry systems serve pharmaceutical, chemical, and educational customers for lab and production-line analysis.

Founders & leadership

Axcend was founded in 2016 by MILTON L LEE.

ML
MILTON L LEEMANAGER
GDGLEN D MELLA
GLEN D MELLACo-Founder, and CEO2018–2023Glen D Mella served as Chief Marketing Officer and later President & Chief Operating Officer at Control4, where he helped grow the company to over $75 million in revenue and establish operations in more than 75 countries. He previously held leadership roles at Frito-Lay/PepsiCo, WordPerfect, and Novell, and co-founded and served as CEO of Axcend, commercializing liquid chromatography technology developed at Brigham Young University.

Board

BD
BRANDON D FUGALMANAGER
CM
CHRISTOPHER M LEEMANAGER

Investors · 1

Reported raises · per SEC filings

Form D private placements

$7.2M disclosed across 6 of 7 rounds · 2018–2023

▶$660.8KraisedFeb 2023 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher M LeeDirector
  • Milton L LeeDirector
  • Brandon D FugalDirector
  • Brent R KnudsenDirector
  • Glen D MellaExecutive Officer
  • Curtis B HillDirector
Offering amount
$2M
Amount sold
$660.8K
Minimum investment
$17.4K
First sale
Feb 2023
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$750KraisedMar 2021 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Curtis B. HillDirector
  • Glen D. MellaExecutive Officer, Director
  • Brandon D. FugalDirector
  • Christopher M. LeeDirector
  • Brent R. KnudsenDirector
  • Milton L. LeeDirector
Offering amount
$1.4M
Amount sold
$750K
Minimum investment
$250K
First sale
Feb 2021
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.7MraisedMar 2020 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brandon D FugalDirector
  • Christopher M LeeDirector
  • Milton L LeeDirector
  • Glen D MellaExecutive Officer, Director
  • Brent R KnudsenDirector
  • Curtis B HillDirector
Offering amount
$2M
Amount sold
$1.7M
Minimum investment
$700K
First sale
Mar 2020
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.5MraisedMay 2019 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brandon D FugalDirector
  • Brent R KnudsenDirector
  • Curtis B HillDirector
  • Glen D MellaExecutive Officer
  • Christopher M LeeDirector
  • Milton L LeeDirector
Offering amount
$3M
Amount sold
$2.5M
Minimum investment
$67.4K
First sale
May 2019
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗
▶$500KraisedDec 2018 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • CURTIS B. HILLDirector
  • BRANDON D FUGALDirector
  • CHRISTOPHER M LEEDirector
  • GLEN D MELLAExecutive Officer, Director
  • MILTON L LEEDirector
Offering amount
$500K
Amount sold
$500K
Minimum investment
$100K
First sale
Dec 2018
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedJun 2018 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • BRANDON D FUGALDirector
  • MILTON L LEEDirector
  • GLEN D MELLAExecutive Officer
  • CHRISTOPHER M LEEDirector
Offering amount
$1M
Amount sold
$1M
Minimum investment
$150K
First sale
Jun 2018
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$400KofferedFeb 2018 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • BRANDON D FUGALDirector
  • CHRISTOPHER M LEEDirector
  • MILTON L LEEDirector
  • GLEN D MELLAExecutive Officer
Offering amount
$400K
Minimum investment
$400K
First sale
Jan 2018
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 3

Companies working in the same space as Axcend.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2022$258.6K
National Institutes of Health (NIH)National Institutes of HealthPhase II2021$1.4M
National Institutes of Health (NIH)National Institutes of HealthPhase I2020$291.1K
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2018$135K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Axcend do?
Axcend builds compact, portable HPLC (high-performance liquid chromatography) instruments, including the Focus LC line with automated sampling, real-time reaction monitoring, and multi-wavelength UV detection. Its analytical chemistry systems serve pharmaceutical, chemical, and educational customers for lab and production-line analysis.
Who founded Axcend?
Axcend was founded by MILTON L LEE in 2016.
Who are Axcend's investors?
Axcend's investors include Partnership Capital Growth LLC.
How much funding has Axcend raised?
Axcend has disclosed $7.2M raised across 6 of its 7 known rounds.
Where is Axcend headquartered?
Axcend is headquartered in Salt Lake City, US.