Axya secures $17 million CAD in a Series A funding round led by McRock Capital to enhance its AI-powered procurement platform and expand its market reach.
Amount Raised
C$17 Million
Round Type
Series A
MontrealManufacturingArtificial IntelligenceAutomotiveMachine LearningInvestors
Description
Axya announced a $17 million CAD Series A funding round to enhance its AI capabilities and scale its team. The financing was led by McRock Capital with participation from Yamaha Motor Ventures and existing shareholders. This funding will support Axya's growth and expansion into new markets. The company aims to modernize procurement for complex manufacturers with its innovative platform.
Quick answer
Axya raised C$17 Million in a Series A round, dated September 24, 2026. Investors: Business Development Bank Of Canada (Bdc), Real Ventures, McRock Capital and Yamaha Motor Ventures. Axya is based in Montreal, Quebec, Canada.
- How much did Axya raise?
- Axya raised C$17 Million in a Series A round on September 24, 2026.
- Who invested in Axya?
- Business Development Bank Of Canada (Bdc), Real Ventures, McRock Capital and Yamaha Motor Ventures are named as investors in this round.
- What does Axya do?
- Axya is an AI-powered procurement platform that automates sourcing and purchasing for manufacturers.
- Where is Axya based and how big is it?
- Axya is based in Montreal, Quebec, Canada. Fundz records about 43 employees.
- Who are the decision-makers at Axya?
- Fundz holds 1 contact at Axya, including the CEO & Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as Axya that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $400M (Debt Financing) on October 9, 2026.
- Strive Robotics raised $3M (Pre-Seed) on November 5, 2026.
- Neuron Industries raised $10M (Seed) on October 29, 2026.
- Mistral AI raised an undisclosed amount (Series D) on October 29, 2026.
- Nova Spectral AI raised $2.3M (Seed) on October 27, 2026.
- Realbotix raised $500K (Debt Financing) on October 23, 2026.
Who to call at Axya, and when
A new round usually means Axya is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Axya raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Axya, from your own LinkedIn network
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Funding Insights
What this usually meansAxya raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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