# Axine Water Technologies funding: rounds and investors > Axine Water Technologies has raised $21M across 5 rounds since 2012. Investors include BDC Capital, National Research Council of Canada Industrial Research... Source: https://millionrounds.com/company/axine-water-technologies (Millionrounds; every figure on the page links to its filing or article) Canada · [Venture startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$21M** raised across 5 rounds since 2012, from 5 sources **$1.5M** Growth **$5.6M** Series A **$3.2M** Venture **$400K** Series A **$11M** Venture - **Latest round:** Venture, $11M Nov 2024 - **Step-up i:** 26.8× - **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. 2012 2014 2016 2018 2020 2022 2024 **$1.5M** Growth **$5.6M** Series A **$3.2M** Venture **$11M** Venture - **First round:** Growth, $1.5M - **Biggest round:** $11M - **Usual gap between rounds:** 17 months ## The rounds - **Nov 2024** Venture **$11M** *1 new* *1 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [National Research Council of Canada Industrial Research Assistance Program](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi) Source recorded SEC filing: $1.8M sold, first sale Nov 2024 - **Mar 2014** Series A **$400K** No investor was named in the report. From a historical funding record SEC filing: $3.2M sold, first sale Dec 2013 - **Feb 2014** Venture **$3.2M** No investor was named in the report. From a historical funding record SEC filing: $3.2M sold, first sale Dec 2013 - **Feb 2014** Series A **$5.6M** *2 new* *1 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [The Roda Group](https://millionrounds.com/fund/the-roda-group) [Chrysalix Energy](https://millionrounds.com/fund/chrysalix-energy) From a historical funding record SEC filing: $3.2M sold, first sale Dec 2013 - **Sept 2012** Growth **$1.5M** *2 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) Reported by sec.gov SEC filing: $1.5M sold, first sale Jun 2012 ## Founders and team From Axine Water Technologies's own website: 4 on the team. - **Mark Ralph** President & CEO - **Andrew Mrasek** Chief Revenue Officer - **Jon Reynolds** VP of ENGINEERING - **Susan Yu** Director 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. **Growth** 2012 **Series A** 2014 **Venture** 2014 **Series A** 2014 **Venture** 2024 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [National Research Council of Canada Industrial Research Assistance Program](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi) [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) [The Roda Group](https://millionrounds.com/fund/the-roda-group) [Chrysalix Energy](https://millionrounds.com/fund/chrysalix-energy) ## Everyone who backed them [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **3** rounds [National Research Council of Canada Industrial Research Assistance Program](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi) VC firm **1** round [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) VC firm **1** round [The Roda Group](https://millionrounds.com/fund/the-roda-group) VC firm **1** round [Chrysalix Energy](https://millionrounds.com/fund/chrysalix-energy) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=axine-water-technologies). ## 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. ## Companies like Axine Water Technologies In the same sector, and raised in the last eighteen months. [**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Cyclic Materials** $150M · Aug 2026](https://millionrounds.com/company/cyclic-materials)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**Nunavut Nunkiksautiit Corporation** $10M · Jun 2026](https://millionrounds.com/company/nunavut-nunkiksautiit-corporation)[**BrandPilot** $549K · May 2026](https://millionrounds.com/company/brandpilot) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app