About Axine Water
Axine Water is a company based in Vancouver (Canada) founded in 2010.. Axine Water has raised $33.84 million across 12 funding rounds from investors including National Research Council Canada, BDC and Veralto. Axine Water offers products and services including electraCLEAR. Axine Water operates in a competitive market with competitors including De Nora, Membrion, Aclarity, Soane Energy and Hillstone Environmental, among others.
- Headquarter Vancouver, Canada
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Sectors
Environment
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.84 M (USD)
in 12 rounds
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Latest Funding Round
$15 M (USD), Series B
Nov 12, 2024
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Investors
National Research Council Canada
& 7 more
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Employee Count
Employee Count
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Products & Services of Axine Water
Axine Water offers a comprehensive portfolio of products and services, including electraCLEAR. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electrochemical solution for destroying PFAS and other contaminants in wastewater.
Funding Insights of Axine Water
Axine Water has successfully raised a total of $33.84M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series B — $15.0M
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First Round
First Round
(10 Jul 2012)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Axine Water | Valuation |
investors |
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| Jul, 2023 | Amount | Series B - Axine Water | Valuation |
investors |
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| Sep, 2021 | Amount | Series B - Axine Water | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Axine Water
Axine Water has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include National Research Council Canada, BDC and Veralto. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Chrysalix Venture Capital is focused on industrial innovation investments.
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Founded Year | Domain | Location | |
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Seed and early-stage venture capital is provided in the US.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Axine Water
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Axine Water
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axine Water Comparisons
Competitors of Axine Water
Axine Water operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as De Nora, Membrion, Aclarity, Soane Energy and Hillstone Environmental, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of energy-saving products and water treatment solutions
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| domain | founded_year | HQ Location |
High-performance membranes for flow batteries are developed.
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| domain | founded_year | HQ Location |
Water treatment solutions are provided via electrochemical oxidation processes.
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| domain | founded_year | HQ Location |
Chemical solutions are developed for cleaner oil extraction.
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| domain | founded_year | HQ Location |
Mobile wastewater treatment technology for oil and gas is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Axine Water
Frequently Asked Questions about Axine Water
When was Axine Water founded?
Axine Water was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Axine Water located?
Axine Water is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Axine Water?
Mark Ralph is the current CEO of Axine Water.
Is Axine Water a funded company?
Axine Water is a funded company, having raised a total of $33.84M across 12 funding rounds to date. The company's 1st funding round was a Series B of $71.58K, raised on Jul 10, 2012.
What does Axine Water do?
Electrochemical oxidation technology for industrial wastewater treatment was established by Axine Water in 2010, based in Vancouver, Canada. On-site services are delivered to address persistent organic contaminants. Laboratory and pilot-scale testing are performed to confirm effectiveness. Evolving regulatory standards are met, off-site transport and disposal are avoided, and operational processes are simplified within the environmental services sector.
Who are the top competitors of Axine Water?
What products or services does Axine Water offer?
Axine Water offers electraCLEAR.
Who are Axine Water's investors?
Axine Water has 8 investors. Key investors include National Research Council Canada, BDC, Veralto, Canadian Space Agency, and Sustainable Development Technology Canada.