Phaseshift Technologies

Canada
Toronto, Ontario, Canada, M5c 3G8

Company profile

Phaseshift Technologies company profile

PhaseShift Technologies is addressing the critical need for new materials that can overcome limitations in performance, efficiency, cost, availability, and sustainability. Traditional material development relies heavily on trial-and-error, requiring costly and time-consuming physical experiments. This approach can extend projects over 10-20 years and cost millions of dollars, with no guarantee of success. PhaseShift's Rapid Alloy Design (RAD)™ technology revolutionizes this process by using AI to create optimized alloys tailored to specific use cases. Paired with Multi-Scale Simulations to accurately predict material performance, RAD™ minimizes the time and effort spent on unsuccessful trials. This leads to faster, more efficient development cycles and a significant reduction in resources required to meet design goals. Through the RAD™ platform, PhaseShift designs a portfolio of innovative alloys, which are commercialized via strategic partnerships with manufacturers.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
1-10 employees
Revenue range
$0+
Founded
2019-10-30

Headquarters

Postal code
M5c 3G8
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
2
Total equity funding
$3.5M
Last funding
Seed / $3M / 2024-10-21
Last equity funding
Seed / $3M
Investors
7
Lead investors
1
Founders
3
Articles
9

Founders and investors

Founders

Abu AnandFazal MahmoodGurjot Singh Dhaliwal

Lead investors

Innospark Ventures

Investors

Creative Destruction Lab (CDL)Draper AssociatesFirst Star VenturesHustle FundInnospark Ventures