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Phaseshift Technologies raised $3M in a seed financing led by Innospark Ventures to accelerate the development of next-generation materials using AI.

PRIVATEOct 21, 2024

Amount Raised

$3 Million

Round Type

Seed

TorontoManufacturing

Investors

Draper AssociatesFirst Star VenturesHustle Fund Angel SquadInnospark Ventures

Description

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.

Quick answer

Phaseshift Technologies raised $3 Million in a Seed round, dated October 21, 2024. Investors: Draper Associates, First Star Ventures, Hustle Fund Angel Squad and Innospark Ventures. Phaseshift Technologies is based in Toronto, Ontario, Canada.

How much did Phaseshift Technologies raise?
Phaseshift Technologies raised $3 Million in a Seed round on October 21, 2024.
Who invested in Phaseshift Technologies?
Draper Associates, First Star Ventures, Hustle Fund Angel Squad and Innospark Ventures are named as investors in this round.
What does Phaseshift Technologies do?
Phaseshift Technologies is an advanced materials company founded in 2019 in Toronto.
Where is Phaseshift Technologies based and how big is it?
Phaseshift Technologies is based in Toronto, Ontario, Canada.
Who are the decision-makers at Phaseshift Technologies?
Fundz holds 1 contact at Phaseshift Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Phaseshift Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Neuranics Lab raised $700K (Seed) on December 5, 2024.
  • Tractian raised $120M (Series C) on December 5, 2024.
  • Ultraviolette raised $10M (Series E) on December 5, 2024.
  • Atmosphere - The Store Makers raised $590K (Seed) on December 5, 2024.
  • Quindi raised $553K (Seed) on December 5, 2024.
  • Lumen Orbit raised $14M on December 5, 2024.

Who to call at Phaseshift Technologies, and when

A new round usually means Phaseshift Technologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Phaseshift Technologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Phaseshift Technologies, from your own LinkedIn network

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Company Information

Company

Phaseshift Technologies

Location

Toronto, Ontario, Canada

About

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.

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Phaseshift Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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