Canada · Venture startup

Who invested in Axine Water Technologies

5 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summaryUpdated 26 Oct 2026

$21Mraised across 5 rounds since 2012, from 5 sources

$1.5MGrowth$5.6MSeries A$3.2MVenture$400KSeries A$11MVenture
Latest round
Venture, $11MNov 2024
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Investors
5
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012201420162018202020222024
$1.5MGrowth$5.6MSeries A$3.2MVenture$11MVenture
First round
Growth, $1.5M
Sept 2012
Biggest round
$11M
Venture · Nov 2024
Usual gap between rounds
17 months
the median of 3

The rounds

  1. Nov 2024
    Venture$11M1 new1 returning

    Source recordedSEC filing: $1.8M sold, first sale Nov 2024

  2. Mar 2014
    Series A$400K

    No investor was named in the report.

    From a historical funding recordSEC filing: $3.2M sold, first sale Dec 2013

  3. Feb 2014
    Venture$3.2M

    No investor was named in the report.

    From a historical funding recordSEC filing: $3.2M sold, first sale Dec 2013

  4. Feb 2014
    Series A$5.6M2 new1 returning

    From a historical funding recordSEC filing: $3.2M sold, first sale Dec 2013

  5. Sept 2012
    Growth$1.5M2 new

    Reported by sec.govSEC filing: $1.5M sold, first sale Jun 2012

Founders and team

From Axine Water Technologies's own website: 4 on the team.

  • Mark RalphPresident & CEO
  • Andrew MrasekChief Revenue Officer
  • Jon ReynoldsVP of ENGINEERING
  • Susan YuDirector of Finance

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Missing a round, or an investor who was in one? Tell us.

Quick answers about Axine Water Technologies

Who invested in Axine Water Technologies?

Axine Water Technologies's investors include BDC Capital, National Research Council of Canada Industrial Research Assistance Program, Chrysalix Venture Capital, The Roda Group and Chrysalix Energy.

How much has Axine Water Technologies raised?

Axine Water Technologies has raised $21M across 5 rounds since 2012.

When did Axine Water Technologies last raise?

Axine Water Technologies's most recent round was a Venture of $11M in Nov 2024.

What was Axine Water Technologies's biggest round?

Its most recent round, $11M in Nov 2024, is also its largest on record.

Who backed Axine Water Technologies first?

Axine Water Technologies's first round on record, in Sept 2012, was backed by BDC Capital and Chrysalix Venture Capital.

What stage is Axine Water Technologies at?

Axine Water Technologies's latest named round is a Venture, in Nov 2024.

Where is Axine Water Technologies based?

Axine Water Technologies is based in Canada.

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