Phaseshift Technologies
An advanced materials company using an AI-powered computational platform to discover and develop next-generation alloys and composites 100x faster than traditional methods.
- CEO / Founder
- Fazal Mahmood
- Team Size
- 1-10
- Stage
- Early Stage
- Total Funding
- $3.78M
- Latest Round
- Seed
- Key Investors
- Innospark Ventures, Draper Associates, First Star Ventures, Hustle Fund, Alchemist Accelerator, Creative Destruction Lab
Technology & Products
Key Products
RAD™ (Rapid Alloy Design), MatterMind™, Cascade™, Cemented Carbide for LPBF
Technological Advantage
RAD™ combines AI-driven alloy design with physics-based simulation to accelerate development. Phaseshift produces, tests, qualifies, and scales its alloys, then supplies materials by the kilogram or as finished components.
Differentiation
Value Proposition
Transforms traditional materials engineering—which is typically slow, expensive, and trial-and-error based—into a rapid, affordable, and data-driven process, significantly reducing time-to-market for specialized industrial materials.
How They Differentiate
Proprietary RAD™ (Rapid Alloy Design) platform that integrates AI with multi-scale physics simulations and quantum chemistry to predict material performance 100x faster than traditional lab-based R&D.
Market & Competition
Target Customers
Original Equipment Manufacturers (OEMs) and industrial companies in high-performance sectors including Aerospace, Automotive, Energy, Mining, Defense, and Medical Devices.
Industry Verticals
Aerospace & Defense, Automotive & Transportation, Energy (Renewables and Nuclear), Mining & Heavy Industry, Additive Manufacturing (Metal AM), Medical Technology
Competitors
Schrödinger, Citrine Informatics, Kebotix
Growth & Milestones
Growth Metrics
Expanded team to approximately 10 employees following 2024 Seed financing; graduated from top-tier accelerators CDL and Alchemist.
Major Milestones
Founded in Toronto in 2019, Graduated from Creative Destruction Lab (Quantum Stream) in 2020, Completed Alchemist Accelerator program in 2023, Closed $3.0M USD Seed round led by Innospark Ventures in October 2024
Notable Customers
Aerospace OEMs (Undisclosed), Automotive Manufacturers (Undisclosed)
Funding rounds
- Seed$3.0M2024-10Lead: Innospark Ventures · Source: Business Wire
- Pre-Seed$575K2023-01Lead: N/A · Source: Tracxn
- Pre-Seed$200K2020-05Lead: N/A · Source: Crunchbase