Phaseshift Technologies

Accelerated development of new use-case specific materials using AI and Quantum Chemistry.

Business Model:

Revenue: $0

Employees: 1-10

Detailed Phaseshift Technologies Information

Geographic Data

Phaseshift Technologies headquarters map

Address:

City: Toronto

State: Ontario

Zip:

Country: Canada

Financial Info

Stage:

pre seed

Raised Last:

$575k

Raised Total:

$575k

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Description

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.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
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
Announced Date Name Price

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