# Axya Secures $12M for AI Procurement Expansion

> Axya's AI platform boosts supply chain resilience with $12M funding.
- Title: Axya Secures $12M for AI Procurement Expansion · Pymnts
- Summary: Axya's AI platform boosts supply chain resilience with $12M funding. Axya raised $12 million to expand AI procurement for aerospace, defense, and…
- Keywords: axya, procurement, aerospace, defense, manufacturing, supply chain, funding, business, finance, Secures, 12M, Expansion
- Source: Pymnts — https://pymnts.com/news/artificial-intelligence/2026/axya-raises-12-million-dollars-expand-ai-procurement-platform
- Author: PYMNTS
- Published: 2026-09-24T13:30:12+00:00
- Read time: 1 min
- Topics: axya, ai, procurement, aerospace, defense, manufacturing, supply chain, funding, business, finance
## Funding Announcement
Axya secured 17 million canadian dollars for ai procurement platform expansion.
## Company Background
Félix Bélisle-Dockrill founded Axya after aerospace supplier challenges.
## Platform Purpose
Axya connects supplier data and ai workflows to reduce manual effort.
## Sector Focus
Axya serves aerospace, defense, custom machinery and natural resources.
## Key Partners
Axya integrates with infor, epicor, oracle, sap and microsoft dynamics.
## AI Benefits
AI automates data normalization and risk flagging for strategic decisions.
## Key takeaway

Axya raised $12 million to expand AI procurement for aerospace, defense, and manufacturing supply chains.