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Axine Water Technologies

Description

Developer of waste-free solutions for treating ammonia and toxic organics in industrial wastewater addressing multi-billion pain points for customers in microelectronics, chemical, pharmaceutical and other industries. The company's solutions are based on electrochemical technology that is compact, modular and integrates into existing treatment plants without disrupting operations. The company's service model enables customers to access the technology with minimal capital investment, enabling customers to generate immediate savings, reduce risks, eliminate wastewater trucking and disposal, streamline operations, reuse wastewater and ensure compliance.

PRIVATE

Status

11-50

Employees

Grant

Latest Deal Type

$1.53M

Latest Deal Amount

$13.5M

Total Amount Raised

9

Investors

Description

Developer of waste-free solutions for treating ammonia and toxic organics in industrial wastewater addressing multi-billion pain points for customers in microelectronics, chemical, pharmaceutical and other industries. The company's solutions are based on electrochemical technology that is compact, modular and integrates into existing treatment plants without disrupting operations. The company's service model enables customers to access the technology with minimal capital investment, enabling customers to generate immediate savings, reduce risks, eliminate wastewater trucking and disposal, streamline operations, reuse wastewater and ensure compliance.

Website:

www.axinewater.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Environmental Services (B2B)

Primary Office

2386 East Mall Suite 108 Vancouver, British Columbia V6T 1Z3Canada +1 (604) 336-8900
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    Axine Water Technologies Valuation and Funding

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    Deal TypeDateAmountRaised to DatePost-ValStatusStage

    Axine Water Technologies Investors (9)

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    Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
    Seat
    Contact
    Info
    Asahi Kasei Corporate Venture CapitalCorporate Venture CapitalMinority000 0000000 0000
    BDC Industrial, Clean and Energy Technology Venture FundVenture CapitalMinority000 0000000 0000
    Business Development Bank of CanadaVenture CapitalMinority000 0000000 0000
    Chen FongAngel (individual)Minority000 0000000 0000
    Chrysalix Venture CapitalVenture CapitalMinority000 0000000 0000
    Asahi Kasei Corporate Venture Capital Corporate Venture Capital
    BDC Industrial, Clean and Energy Technology Venture Fund Venture Capital
    Business Development Bank of Canada Venture Capital
    Chen Fong Angel (individual)
    Chrysalix Venture Capital Venture Capital

    Axine Water Technologies Executive Team (2)

    NameTitleBoard
    Seat
    Contact
    Info
    Jonathan RhoneChief Executive Officer, President & Board Member
    Goran SparicaSenior Vice President, Engineering and Operations and Board Member
    Jonathan Rhone Chief Executive Officer, President & Board Member
    Goran Sparica Senior Vice President, Engineering and Operations and Board Member

    Axine Water Technologies Board Members (6)

    NameRepresentingRoleSinceContact
    Info
    Daniel MillerThe Roda GroupCo-Founder & Managing Director000 0000
    Gregory PeetSelfChairman & Board Member000 0000
    Jonathan RhoneAxine Water TechnologiesChief Executive Officer, President & Board Member000 0000
    Tony Van BommelBDC Industrial, Clean and Energy Technology Venture FundSenior Managing Partner000 0000
    Wal van Lierop Ph.DChrysalix Venture CapitalCo-Founder, President & Chief Executive Officer000 0000
    Daniel Miller Co-Founder & Managing Director The Roda Group
    Gregory Peet Chairman & Board Member Self
    Jonathan Rhone Chief Executive Officer, President & Board Member Axine Water Technologies
    Tony Van Bommel Senior Managing Partner BDC Industrial, Clean and Energy Technology Venture Fund
    Wal van Lierop Ph.D Co-Founder, President & Chief Executive Officer Chrysalix Venture Capital
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