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High Tech Series B Founded 2015

Equispheres

Equispheres manufactures metal powders for additive manufacturing and cold spray applications, using a proprietary atomization technique to produce powder with enhanced mechanical properties. The powders feature a thin oxide layer, low water absorption, spherical morphology, and are agglomerate- and fine-free, enabling smooth spreading under powder bed blades for improved print quality. Founded in 2015 and…

📍 Ottawa, Canada · 3D Printing

Funding snapshot

Last roundSeries B
Amount$15M
Date22 April 2024
Total raised$37M
Team size30

About

Equispheres manufactures metal powders for additive manufacturing and cold spray applications, using a proprietary atomization technique to produce powder with enhanced mechanical properties. The powders feature a thin oxide layer, low water absorption, spherical morphology, and are agglomerate- and fine-free, enabling smooth spreading under powder bed blades for improved print quality. Founded in 2015 and headquartered in Ottawa, Canada, Equispheres has raised approximately $36.5M in Series B funding from investors including BDC, HG Ventures, Sustainable Development Technology Canada, Martinrea, and Lockheed Martin. The company serves the automotive, space, defense, and aviation industries by providing high-performance metal powders that improve the reliability, speed, and cost-effectiveness of 3D printed metal parts, addressing the material quality bottleneck that has limited broader adoption of metal additive manufacturing in production environments.

Business model

3D Printing > Hardware > 3D Printing Materials > Powders > Metal

Institutional investors

HG Ventures Sustainable Development Technology Canada Martinrea INFOR Financial Group Lockheed Martin

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