Chrysalix Energy Venture Capital has reinvested in Canadian wastewater treatment company Axine Water Technologies in a series A deal worth $5.6m, making it the largest water and wastewater series A financing in North America in the past year and one of the largest internationally in the last two years.
Chrysalix Energy Venture Capital, a cleantech venture fund backed by a mix of venture firms and energy companies such as EDF, has invested in existing portfolio company, Canada-based Axine Water Technologies, as part of a $5.6m series A financing. The deal was led by new venture firm investor The Roda Group with participation from existing backer BDC Venture Capital. The company, which is a developer of low-cost, chemical-free industrial wastewater treatment, has raised just over $7m to date.
Over the…
