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Axya raises C$1.5M in seed funding round co-led by Ecofuel and Desjardins Capital

Fasken
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Overview

Client

Axya

On April 27, 2020, Axya, a comprehensive outsourcing platform that helps companies source their custom and non-recurring metalworking parts, closed a C$1.5M seed round co-led by Ecofuel and Desjardins Capital with the participation of Real Ventures.

 

This investment enables Axya to reach even more companies in the Ontario market and prepare for its expansion into the US in a couple of months. The new funding will also allow the Axya team to focus on developing new features for the interface in order to further reduce the barriers associated with working with new, local suppliers.

 

A Fasken team composed of Jean-François Séguin, Gabrielle Paris-Gagnon and Eliot Mathieu acted for Axya in connection with this transaction.

Jurisdiction

  • Québec

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