Axine Water Technologies
Latest round
- Series B
Last raised
- Sep 2016
Total raised
- $13M
Investors
- 4
About Axine Water Technologies
Axine Water Technologies Inc.Founded in 2010 in Vancouver, Canada, Axine Water Technologies Inc. develops innovative solutions for industrial wastewater treatment.Axine Water Technologies specializes in electrochemical oxidation technology for industrial wastewater treatment, primarily targeting the destruction of per and polyfluoroalkyl substances (PFAS), pharmaceuticals, solvents, and other persistent organic contaminants. Their flagship product, the electraCLEAR solution, is designed to provide a simple, safe, efficient, and cost-effective method for treating both long and short-chain PFAS and other difficult-to-treat organic contaminants in industrial wastewater. The company operates under a treatment-as-a-service (TAAS) model, which allows for on-site solutions that ensure compliance with current and future regulatory standards.Axine Water Technologies generates revenue through a treatment-as-a-service (TAAS) model, which enables clients to utilize their electraCLEAR technology without the need for upfront capital expenditure. The transaction structure typically involves B2B agreements where clients enter into contracts for the treatment of their wastewater, ensuring compliance with environmental regulations while enhancing their operational efficiency. Pricing is generally based on service agreements tailored to the specific needs of the clients, including factors such as the volume of wastewater treated and the complexity of contaminants present. This model allows for flexible financial arrangements, enabling clients to manage their budgets effectively while accessing advanced wastewater treatment solutions. The company aims to introduce new technologies and refine the electraCLEAR solution to address a wider range of contaminants. Axine is also targeting expansion into emerging markets in Asia and Latin America by 2025, leveraging the funds to develop strategic partnerships and grow its service capabilities in these regions.
Who invested in Axine Water Technologies
4 investors across 2 rounds
See all investors in Axine Water Technologies
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Axine Water Technologies
Who invested in Axine Water Technologies?
Axine Water Technologies has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Axine Water Technologies raised?
Axine Water Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Axine Water Technologies last raise money?
Axine Water Technologies's most recent round on record is a Series B, in Sep 2016.
What does Axine Water Technologies do?
Axine Water Technologies is a power & utilities company.
Where is Axine Water Technologies headquartered?
Axine Water Technologies is headquartered in Vancouver, Canada.
Which VCs invest in companies like Axine Water Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Axine Water Technologies's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series B
Raising like Axine Water Technologies? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.