Axithra operates from Ghent, Belgium, with a multidisciplinary team spanning photonics, biomedical sciences, analytical chemistry, and medical-device development. The company raised a €10 million seed round in September 2023, led by imec.xpand and Kurma Partners, with participation from Qbic, Noshaq, White Fund, Wallonie Entreprendre, Hamamatsu Photonics, and Werfen Diagnostics. In 2024, Axithra also received a €1.5 million VLAIO grant, bringing its disclosed seed financing and grant support to €11.5 million.
The company has developed a laboratory proof-of-concept prototype and is advancing its technology through further product development and clinical investigation.
