# Veralto invests $15M in Axine Water Technologies

Veralto Corporation announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a provider of electrochemical oxidation technology for contaminant destruction. The strategic partnership includes a commercial agreement with Veralto's Trojan Technologies business.

- Type: Investment
- Announced: 2024-11-13
- Where: United States
- Value: $15.0M
- Status: announced
- Products: electrochemical oxidation technology, contaminant destruction solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Axine Water Technologies](https://endata.com/companies/52289.md) (partner)
- [Veralto](https://endata.com/companies/70832.md) (investor)

## Sources

- [wateronline.com](https://www.wateronline.com/doc/veralto-invests-in-axine-water-technologies-0001), 2024-11-13: "Veralto Corporation announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.