Accelerated development of new use-case specific materials using AI and Quantum Chemistry.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Toronto
State: Ontario
Zip:
Country: Canada
Whether it is to improve performance &a; efficiency, decrease our reliance on critical raw materials, or simply enable innovation that will accelerate the shift to net-zero industries - PhaseShift is on a mission to develop materials that serve a variety of use-cases in a broad range of industries. Based on Artificial Intelligence and Quantum Chemistry simulations, PhaseShift accelerates the discovery of new materials by a factor of 10x and with up to 75% in cost savings. However, the most significant benefit of all is the ability to develop better materials. The ability to scan a large design space of millions of possible chemistries in a matter of days enables us to identify materials that are truly optimized for a broad range of parameters. Our platform is designed to address the nuances of new alloy development and has been used previously to develop alloys for both structural and functional use-cases. Additionally, the alloys can be developed for both traditional and additive manufacturing.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2020 | Pre Seed Round | 5 | $575k |
Shanda Group Creative Destruction Lab (CDL) Eric Kwan First Star Ventures Hustle Fund Creative Destruction Lab (CDL) Eric Kwan First Star Ventures Hustle Fund Shanda Group |
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