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Toronto-based startup Meissner announced $2.6 million USD in pre-seed financing to develop a discovery engine for superconductors backed by BDC and several angel investors.

PRIVATESep 01, 20267 days ago

Amount Raised

$2.6 Million

Round Type

Pre-Seed

TorontoArtificial IntelligenceMachine Learning

Investors

Richard HyattMichael HyattGreg TwinneyEliot PenceDennis BennieDaniel DebowChristian WeedbrookAnthony LacaveraAndrew TalpashBdc Capital's Thrive Venture Fund

Description

Meissner has secured $2.6 million USD in pre-seed financing to enhance its research and development of superconducting materials. The funding will help Meissner build a discovery engine leveraging machine learning and experimental validation. Investors include BDC Capital’s Thrive Venture Fund and notable tech veterans. The company aims to create optimized superconductors that can operate at higher temperatures.

Company Information

Company

Meissner

Location

Toronto, Ontario, Canada

About

Meissner is a Toronto-based deep technology startup focused on discovering and developing the next generation of superconducting materials. The company aims to create a 'discovery engine' for superconductors by leveraging machine learning, computation, and experimental validation. Superconductors can conduct electricity without resistance, making them highly efficient, and Meissner seeks to optimize them for higher operational temperatures. Founded by Olivia Leng, the startup has ambitious goals aligned with the future of quantum computing.

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