HEUKING advises Berlin-based Start-up AXO on its Seed Financing Round
Ariane Neubauer, Equity Partner at HEUKING’s Berlin office, and Roman Ettl-Steger, Salaried Partner at HEUKING’s Munich office, provided comprehensive advice to AXO Track GmbH (AXO) on its EUR 3 million seed financing round.
The Berlin start-up AXO, which has set itself the goal of driving the digital transformation and sustainable development of rail transport, was able to convince renowned investors with its forward-looking vision. The financing round was led by Tanncam Investment as lead investor, accompanied by beechwood.vision and better ventures. Behind these investors are experienced entrepreneurs who have recognized the strategic potential of rail transport, the importance of resilient infrastructures, and the opportunities that digitalization offers for sustainable growth and long-term value creation.
Tanncam Investment brings valuable international perspectives from Singapore, where public transport sets global standards. Real-time monitoring, condition-based maintenance, and AI-driven control systems there ensure efficiency, safety, and reliability.
With the completion of the seed financing round, AXO receives the necessary support to achieve key milestones: further development of digital solutions for rail transport, strengthening infrastructure resilience, and promoting sustainable mobility.
Counsel to AXO Track GmbH
HEUKING:
Ariane Neubauer (Lead), Berlin,
Roman Ettl-Steger, LL.M. (King’s College London) (both Venture Capital), Munich