On October 21, 2024, Phaseshift Technologies announced its closing of $4.1 million of Seed financing. This round was led by Innospark Ventures and saw participation from Draper Associates and First Star Ventures. There was additional support from angel investors through Hustle Fund Angel Squad. Phaseshift plans to utilize the funding towards designing new materials through the use of artificial intelligence.
Phaseshift Technologies operates as a materials company that focusing on the development and commercialization of next-generation alloys and composites with its artificial intelligence-driven computational platform known as Rapid Alloy Design.
Osler, Hoskin & Harcourt LLP advised Phaseshift Technologies with a team consisting of David Jamieson and Daniel Tyberg (Emerging and High Growth Companies).
Key Contact
Partner, Emerging and High Growth Companies, Toronto
Team
Associate, Emerging and High Growth Companies, Toronto