Tech Company Financing Transactions

CoAxia Funding Round

CoAxia closed a $17.6 million Series B funding round on 10/13/2004. Investors included Canaan Partners, Prism VentureWorks and Baird Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Canaan Partners (Lead Investor) (Brent Ahrens)

Prism VentureWorks (Lead Investor) (Gordie Nye)

Baird Capital

Proceeds Purpose
We believe this funding will allow us to continue development of our technology and significantly advance clinical testing.

Company Information

Company Status
Private & Independent
Medical Devices & Instruments
Mailing Address
10900 73rd Ave. North 102
Maple Grove, MN 55369
Email Address
CoAxia, Inc., a Maple Grove, MN-based, privately held, development-stage medical device company, is pioneering the use of catheter-based perfusion augmentation systems for the treatment of cerebral ischemia.
CoAxia LinkedIn Company Profile
Social Media
CoAxia Company Twitter Account
Company News
CoAxia News
CoAxia on Facebook
CoAxia on YouTube

Management Team

Email & Social
Chief Executive Officer
Andrew Weiss
  Andrew Weiss LinkedIn Profile  Andrew Weiss Twitter Account  Andrew Weiss News  Andrew Weiss on Facebook
VP - Finance
Shelby Hautman
  Shelby Hautman LinkedIn Profile  Shelby Hautman Twitter Account  Shelby Hautman News  Shelby Hautman on Facebook
VP - Marketing
Richard Schallhorn
  Richard Schallhorn LinkedIn Profile  Richard Schallhorn Twitter Account  Richard Schallhorn News  Richard Schallhorn on Facebook
VP - Regulatory Affairs
Sharon Kvistad
  Sharon Kvistad LinkedIn Profile  Sharon Kvistad Twitter Account  Sharon Kvistad News  Sharon Kvistad on Facebook



Browse more venture capital transactions:

Prev: 10/13/2004: GetActive Software venture capital transaction
Next: 10/13/2004: LinkedIn venture capital transaction


Share this article


Where The Data Comes From

Our team works diligently to document every notable VC transaction. VC transactions reported here come from a variety of public sources. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary