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Maxwell Labs Inc.

Develops laser-based chip cooling systems for data centers and high-performance computing.

Updated Nov 11, 2026·Latest SEC filing Feb 27, 2026·Suggest an edit

About Maxwell Labs

Maxwell Labs is a private company based in Little Canada, Minnesota. It has reported $9,322,546 raised in four offerings on Form D since April 2022. Its chief executive is Nick Swenson.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Feb 13, 2026Feb 27, 2026$7,933,180of $10.7M target31$255KEquityRule 506(b)Form D ↗
Dec 21, 2023Jan 5, 2024$67,000of $1.5M target1$67,000Debt, OptionsRule 506(b)Form D ↗
May 16, 2023May 26, 2023$250,000of $367K target1$250KEquity, OptionsRule 506(b)Form D ↗
Apr 12, 2022Apr 22, 2022$1,072,366fully sold4$268KEquityRule 506(b)Form D ↗
Total, four offerings$9,322,546

First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.

Leadership Team

Executive officers and directors listed on Maxwell Labs's Form D filed Feb 27, 2026.

NS
Nick Swenson
Chairman & CEO, Air T, Inc
MK
Michael Karpe
Executive officer
GB
Gary Burandt
Director
Jacob Balma
Jacob Balma
Founder & CEO, director
PC
Peter Chidyllo
Managing Director, Arosa Capital Management

Earlier filings also listed Joseph Balma (president, chief executive officer and director, last listed May 2023).

Sources

  1. SECMaxwell Labs Inc. filing history
  2. CompanyContact
  3. CompanyAbout