What is Equispheres?
Equispheres is at the forefront of developing innovative powder technology for additive manufacturing (AM), focusing on engineered metal powders that facilitate economic mass production. Their proprietary aluminum metal powders are engineered to enhance reliability and consistency in AM processes, while also ensuring safer handling for high-volume applications. The company's solutions are designed to empower manufacturing clients by boosting productivity and control, making metal AM a more viable and cost-effective option for industrial-scale operations. Equispheres' commitment to advancing AM technology positions it as a key player in the industrial materials sector.
How much funding has Equispheres raised?
Equispheres has raised a total of $50M across 2 funding rounds:
Series B
$30M
Series B
$20M
Series B (2020): $30M with participation from HG Ventures, Business Development Bank of Canada, and Sustainable Development Technology Canada
Series B (2024): $20M led by Martinrea International and INFOR Financial Group
Key Investors in Equispheres
Martinrea International
Martinrea International Inc. is a diversified global automotive supplier specializing in lightweight structures and propulsion systems, with core expertise in metal forming and aluminum casting.
INFOR Financial Group
INFOR Financial Group is Canada's leading independent advisory investment bank, providing M&A advisory, capital raising, and debt advisory services.
HG Ventures
HG Ventures is an investment firm that supports companies in the advanced materials and manufacturing sectors, aligning with Equispheres' focus on innovative powder technology.
What's next for Equispheres?
The recent enterprise-level funding injection signifies Equispheres' readiness to scale its operations and further penetrate the additive manufacturing market. This strategic capital is expected to accelerate product development, expand manufacturing capacity, and bolster sales and marketing efforts. With a focus on enabling economic mass production, Equispheres is poised to capitalize on the growing adoption of AM technologies across various industries, solidifying its position as a leader in advanced metal powder solutions.
See full Equispheres company page
