What is Axine?
Axine Water Technologies specializes in advanced electrochemical oxidation technology for industrial wastewater treatment. The company focuses on the destruction of challenging contaminants such as PFAS, pharmaceuticals, and solvents. Operating on a treatment-as-a-service (TAAS) model, Axine provides sustainable, cost-effective, and on-site solutions that help clients in industries like automotive, manufacturing, pharmaceuticals, landfills, and semiconductors achieve regulatory compliance and enhance environmental performance. Their commitment is to improve safety and sustainability while adapting to evolving regulatory landscapes.
How much funding has Axine raised?
Axine has raised a total of $15M across 1 funding round:
Other Financing Round
$15M
Other Financing Round (2024): $15M with participation from Veralto
Key Investors in Axine
Veralto
Veralto is a global industrial technology company focused on water quality and product quality, providing instruments, analyzers, sensors, software, and services for water testing and treatment across various industries.
What's next for Axine?
This major strategic investment positions Axine Water Technologies for accelerated growth and further development of its innovative wastewater treatment solutions. The company is expected to leverage this backing to expand its market reach, enhance its technology offerings, and solidify its role as a leader in addressing complex industrial water challenges. The focus on persistent organic contaminants and a service-based model suggests a strategic push towards broader adoption and deeper integration within key industrial sectors, aiming to meet increasingly stringent environmental regulations globally.
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