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§ Private Profile · Ottawa, ON, Canada
Developer of ultra-high-performance spherical metal powders for additive manufacturing, focused on aerospace and automotive components.
Based in Ottawa, Ontario, Equispheres is a materials science company that develops and manufactures high-performance spherical metal powders for additive manufacturing, 3D printing, and cold spray deposition. The organization utilizes a proprietary atomization technique to produce uniform, highly spherical powders that enable manufacturers to print lightweight components with advanced mechanical properties. Equispheres primarily serves the aerospace, automotive, and defense sectors, supplying specialized materials to major industry players such as Lockheed Martin. To scale its production capacity and expand its workforce from 20 employees to a projected 200 personnel, the enterprise has secured significant capital. This financial backing includes a $5 million investment from Lockheed Martin and an $8 million funding allocation from Sustainable Development Technology Canada, while the corporate board includes recognizable directors like Rob Wildeboer. Equispheres was founded in 2015 by Kevin Nicholds and Jeffrey York.
Equispheres has raised $43.8M across 3 funding rounds.
Equispheres has raised $43.8M in total across 3 funding rounds.
Equispheres has raised $43.8M across 3 funding rounds. Most recently, it raised $14.6M Series B in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 24, 2024 | $14.6M Series B | PAT D'eramo | BDC Capital | Announced |
| Apr 22, 2020 | $21.2M Debt Financing | HG Ventures | BDC | Announced |
| Jan 15, 2020 | $8M Venture Round | — | — | Announced |
Equispheres has raised $43.8M in total across 3 funding rounds.
Equispheres's investors include Pat D'Eramo, BDC Capital, HG Ventures, BDC.