
About ALUULA
ALUULA is a company based in Victoria (Canada) founded in 2019 by Richard Myerscough. ALUULA has raised $2.45 million across 1 funding round.
- Headquarter Victoria, Canada
- Founders Richard Myerscough
- Stage Public
- SectorsChemicals & Materials
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website aluula.com
- Social LinkedIn X Facebook
- Legal Name Aluula Composites Inc
- Annual Revenue$5.61 M (USD)23.81as on Oct 31, 2025
- Net Profit-$1.15 M (USD)59.08as on Oct 31, 2025
- EBITDA-$616.59 K (USD)56.23as on Oct 31, 2025
- Total Equity Funding$2.45M (USD)
in 1 rounds
- Latest Funding Round$2.45M (USD), Seed
Feb 2026
Funding Insights of ALUULA
ALUULA has successfully raised a total of $2.45M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.45 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.45M
- Total Rounds 1
- Last Round Seed β $2.45M
- First Round $2.45M
(Feb 2026)
All 1 funding rounds of ALUULA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $2.45M | Seed | β | β | β |
People of ALUULA
1 people are tracked at ALUULA (1 in leadership).
| Name | Role | Group |
|---|---|---|
Richard Myerscough | Founder & CEO | Leadership |
Complete people profiles for ALUULA
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IPO & Listings of ALUULA
ALUULA is a publicly listed company on the TSXV with ticker symbol AUUA in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Apr 2023
- Listed onTSX-V: AUUA
- Listed entityAluula Composites Inc
- Exchange sectorFinance
- ISINCA0223173091
- Share price3.30 CAD (-2.65% on the day) · 2026-10-08
- Market capitalisation76,540,867.00 CAD
- EPS (diluted, trailing year)-0.05 CAD
- Volume (last session)1,615
Financials of ALUULA
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 7.9M CAD | -1.6M CAD | -864,900 CAD |
| 2024 | 6.4M CAD | -3.9M CAD | -2.0M CAD |
| 2023 | 4.2M CAD | -5.2M CAD | -1.9M CAD |
| 2021 | – | -249,670 CAD | -249,670 CAD |
| 2020 | – | -32,890 CAD | -32,890 CAD |
Detailed financial statements for ALUULA
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ALUULA
3 dated milestones of ALUULA across 7 years, from founding to its latest funding, stage changes and deals.
- Founded ALUULA is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $2.5M.
Web traffic of ALUULA
The website of ALUULA (aluula.com) receives about 10.5K visits a month.
- Monthly visits10.5K
▲ 11.8% vs previous month
Latest news on Aluula
Complete news archive for ALUULA
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Similar companies to ALUULA
10 companies that operate in the same segment as ALUULA (Composites & High-Performance Materials), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ceramic electrical insulators are manufactured for high-voltage applications. | 2004 | Chennai, Tamil Nadu, India | USD 26.56 M | USD 2.99 M | 54 | |
Industrial thread is manufactured by Coats for global industries. | 1755 | Uxbridge, Greater London, United Kingdom | – | USD 1.49 B | – | |
Refractory products, systems, and services are manufactured and supplied. | 1834 | Vienna, Austria | – | USD 3.88 B | – | |
FRP/GRP composite materials and products are manufactured for industrial use. | 2011 | Ahmedabad, Gujarat, India | – | USD 23.56 M | 272 | |
Advanced materials solutions are developed for transportation and energy sectors. | 1984 | Norton, United States | – | USD 32.6 M | 92 | |
Composite building materials are manufactured by Serge Ferrari in France. | 1973 | – | – | USD 336.23 M | 1,220 | |
Designer and manufacturer of carbon fiber & fiberglass solutions for industrial applications | 1960 | Vantaa, Finland | – | – | – | |
Induction heating technology is developed for composites manufacturing processes. | 2003 | Malmo, Sweden | USD 4.91 M | – | – | |
Composite panels and core materials are manufactured and marketed. | 1912 | Steinhausen, Zug, Switzerland | – | USD 1.14 B | 4,530 | |
Fiberglass composite materials and products are manufactured for industrial uses. | 2000 | Changzhou, Jiangsu, China | – | USD 447.08 M | 3,100 |
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Frequently Asked Questions about ALUULA
ALUULA was founded in 2019 and raised its 1st funding round 7 years after it was founded.
ALUULA is headquartered in Victoria, Canada. It is registered at Victoria, British Columbia, Canada.
Richard Myerscough is the current CEO of ALUULA. They have also founded this company.
ALUULA is a funded company, having raised a total of $2.45M across 1 funding round to date. The company's 1st funding round was a Seed of $2.45M, raised on Feb 2026.
Annual revenue of ALUULA is $5.61M as on Oct 31, 2025.
ALUULA was founded in 2019 by Richard Myerscough in Victoria, Canada, where operations are based. Composite materials are produced by the company within the advanced materials sector. Focus is placed on developing and manufacturing composites for industrial applications. Leadership is provided by the founder as CEO, with activities centered on material innovation and production in the Canadian market.
Yes, ALUULA is publicly traded on TSXV under the ticker symbol AUUA.
