Axine Water Technologies is a world leader in electrochemical oxidation technology for industrial wastewater treatment. Founded in 2010 and headquartered in Vancouver, British Columbia, Canada, the company develops modular treatment systems using electrochemical oxidation to remove PFAS and persistent organic contaminants. The company operates with approximately 45 employees and generated $13.6 million in revenue.
Axine's proprietary technology treats high concentrations of toxic organics, biodegradable organics, ammonia, pathogens, and some inorganics without chemicals and without producing sludge. The company serves various industries, including automotive, manufacturing, pharmaceuticals, landfills, and semiconductors through a treatment-as-a-service (TAAS) model. Axine has raised total funding of $43.05 million, including a $15 million investment from Veralto Corporation announced in November 2024.
Recent Leadership News
In September 2025, Axine appointed Andrew Mrasek as Chief Revenue Officer to lead the company's global commercial strategy, signaling momentum in scaling operations and commercial expansion within the growing industrial wastewater treatment sector.
Facts compiled by Executive Moves from publicly available news and press releases on 9 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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