# HEXO funding: rounds and investors

> HEXO has raised $160M across 4 rounds since 2014. Investors include Antler and Living Water Investment. Every round with its source.

Source: https://millionrounds.com/company/hexo (Millionrounds; every figure on the page links to its filing or article)

Canada · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *HEXO*

4 rounds we have observed, with the 2 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.

Manufacturing

Funding summary Updated 26 Oct 2026

**$160M** raised across 4 rounds since 2014, from 4 sources

**$1.3M** Crowdfunding **$3.0M** Seed **$155M** Debt **$250K** Pre-seed

- **Latest round:** Pre-seed, $250K Jul 2023
- **Biggest round:** $155M Debt · Jul 2022
- **Investors:** 2

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.

2014 2016 2018 2020 2022

**$1.3M** Crowdfunding

**$3.0M** Seed

**$155M** Debt

**$250K** Pre-seed

- **First round:** Crowdfunding, $1.3M
- **Biggest round:** $155M
- **Usual gap between rounds:** 12 months

## The rounds

- **Jul 2023** Pre-seed **$250K** *1 new* [Antler](https://millionrounds.com/fund/antler) Source recorded
- **Jul 2022** Debt **$155M** No investor was named in the report. Source recorded
- **Jun 2015** Seed **$3.0M** *1 new* [Living Water Investment](https://millionrounds.com/fund/living-water-investment) From a historical funding record
- **Jul 2014** Crowdfunding **$1.3M** No investor was named in the report. From a historical funding record

## 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.

**Crowdfunding** 2014 **Seed** 2015 **Debt** 2022 **Pre-seed** 2023 [Antler](https://millionrounds.com/fund/antler) [Living Water Investment](https://millionrounds.com/fund/living-water-investment)

## Everyone who backed them

[Antler](https://millionrounds.com/fund/antler) VC firm **1** round

[Living Water Investment](https://millionrounds.com/fund/living-water-investment) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hexo).

## Quick answers about HEXO

### Who invested in HEXO?

HEXO's investors include Antler and Living Water Investment.

### How much has HEXO raised?

HEXO has raised $160M across 4 rounds since 2014.

### When did HEXO last raise?

HEXO's most recent round was a Pre-seed of $250K in Jul 2023.

### What was HEXO's biggest round?

HEXO's largest round on record is $155M (Debt), in Jul 2022.

### Who backed HEXO first?

HEXO's first round on record, in Jun 2015, was backed by Living Water Investment.

### What stage is HEXO at?

HEXO's latest named round is a Pre-seed, in Jul 2023.

### Where is HEXO based?

HEXO is based in Canada.

## Companies like HEXO

In the same sector, and raised in the last eighteen months.

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**East Coast Innovation** $550K · Jul 2026](https://millionrounds.com/company/east-coast-innovation)[**Volta Metals** $358K · Jun 2026](https://millionrounds.com/company/volta-metals)[**AluQuebec** $1.1M · May 2026](https://millionrounds.com/company/aluquebec)[**Thunderstruck Resources** $1.2M · May 2026](https://millionrounds.com/company/thunderstruck-resources)[**ALU MC3** $731K · May 2026](https://millionrounds.com/company/alu-mc3)

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