Phaseshift Technologies raised $3M in a seed financing led by Innospark Ventures to accelerate the development of next-generation materials using AI.
Phaseshift Technologies raised $3M in a seed financing led by Innospark Ventures to accelerate the development of next-generation materials using AI.
10/21/24, 12:11 PM
Location
torontoMoney raised
$3 million
Industry
manufacturing
Round Type
seed
Investors
Hustle Fund Angel Squad, First Star Ventures, Draper Associates, Innospark Ventures
Phaseshift Technologies closed a $3 million seed financing round to enhance its capabilities in developing advanced materials. The funding, led by Innospark Ventures, will support the commercialization of innovative materials across various industries.
Company Info
Location
toronto, ontario, canada
Additional Info
Phaseshift Technologies is an advanced materials company founded in 2019 in Toronto. We accelerate the development and adoption of new materials critical to a sustainable future. Leveraging our AI-powered Rapid Alloy Design (RAD)™ platform, we design, optimize, and evaluate new materials up to 100× faster than traditional methods. Our team of experienced scientists and engineers collaborates closely with industry partners to deliver bespoke alloy solutions tailored to specific applications and outcomes.