Maxa closes its US $21 million Series A financing round.
The round was led by Framework Ventures, with BDC Capital’s Industrial Innovation Venture Fund as co-lead. Maxa also welcomed new investors Snowflake Ventures, Amiral Ventures and NAventures, the venture arm of National Bank of Canada, in addition to third-time backers AQC Capital and Graphite Ventures.
This investment will enable Maxa to continue its mission of helping customers transform raw business data into ready-to-use knowledge with 90% less effort.
In addition, the new financing will support Maxa's product, marketing and customer self-service capabilities.
A Fasken team composed of Adam Saskin, Jonathan Raizenne, Adam Ziri and Quentin Lageix advised Maxa AI Inc. in this transaction.
