Tech Company Financing Transactions
Phaseshift Technologies Funding Round
On 10/21/2024, Phaseshift Technologies raised $3 million in Seed investment from Innospark Ventures, Draper Associates and First Star Ventures.
Transaction Overview
Company Name
Announced On
10/21/2024
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development and commercialization of new materials addressing critical industrial challenges across a wide range of sectors, including aerospace, automotive, mining, energy, and advanced manufacturing.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
30 Adelaide St E 1200
Toronto, ON, M5C 3G8
Canada
Toronto, ON, M5C 3G8
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Founded in 2019 in Toronto, Phaseshift Technologies is an advanced materials company dedicated to accelerating the development and adoption of new materials critical to a sustainable future. Our team consists of scientists and engineers with over two decades of experience in computational materials science and advanced materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fazal Mahmood
Chief Scientific Officer
Abu Anand
Chief Technical Officer
Gurjot Dhaliwal
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