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™"]
Technological Advantage
Speed: Discovery and optimization cycles are up to 100x faster than conventional R&D. Proprietary Data: Utilizes a unique database of material properties and simulation results to train its MatterMind™ models. Business Model: Operates a 'Materials-as-a-Service' or licensing model, partnering with manufacturers to commercialize the specific alloys discovered by the RAD™ platform.
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)