Axonic Insurance Secures a $210 Million Preferred Equity Investment from LuminArx and Deutsche Bank

Core Viewpoint - Axonic Insurance has secured a $210 million preferred equity investment led by LuminArx Capital Management, with participation from Deutsche Bank, indicating strong investor confidence in the company's innovative insurance platform [1] Company Overview - Axonic Insurance is a global annuity and insurance platform that designs, distributes, issues, and manages annuity and related product offerings for individual consumers and institutions worldwide [1] - The company was launched in 2024, positioning itself as an innovative player in the insurance industry [1] Investment Details - The investment amount is $210 million, which is significant for the growth and expansion of Axonic Insurance [1] - LuminArx Capital Management, a global capital solutions provider, is the lead investor in this funding round [1] - Deutsche Bank also participated in this investment, further validating the potential of Axonic Insurance [1]