Equispheres

Ottawa, Canada Founded: 2015 • Age: 11 yrs
Manufacturer of metal powders for additive manufacturing and cold spray applications

About Equispheres

Equispheres is a company based in Ottawa (Canada) founded in 2015 by Kevin Nicholds. Equispheres has raised $36.55 million across 6 funding rounds from investors including Lockheed Martin, BDC and Martinrea. Equispheres offers products and services including Engineered Metal Powder and Applications Engineering Services. Equispheres operates in a competitive market with competitors including Elementum 3D, Metalysis, Pyrogenesis, Headmade Materials and Tekna Plasma Systems, among others.

  • Headquarter Ottawa, Canada
  • Founders Kevin Nicholds
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website equispheres.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Equispheres Inc.
Key Metrics
  • Total Equity Funding
    $36.55M (USD)

    in 6 rounds

  • Latest Funding Round
    $14.55M (USD), Series B

    Apr 2024

  • Investors

Products & Services of Equispheres

Equispheres offers a comprehensive portfolio of products and services, including Engineered Metal Powder and Applications Engineering Services.

Engineered Metal Powder
Additive Manufacturing Materials

Aluminum powder designed for efficient, high-volume AM production

Applications Engineering Services
Manufacturing Support

Services to simplify adoption of metal additive manufacturing

Funding Insights of Equispheres

Equispheres has successfully raised a total of $36.55M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $14.55 million completed in April 2024. 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 $36.55M
  • Total Rounds 6
  • Last Round Series B β€” $14.55M
  • First Round $5M

    (May 2018)

  • Investors Count 6

All 6 funding rounds of Equispheres with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2024$14.55MSeries B–Martinrea
Apr 2020$17MSeries B–HG Ventures
Apr 2020$5MDebt – Conventional––
Feb 2020$8MGrant––
Feb 2019$8MDebt – Conventional––
May 2018$5MSeries A–Lockheed Martin
–
Valuation history

6 investors in total: 6 institutional.

Investors in Equispheres

Equispheres has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lockheed Martin, BDC and Martinrea.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
HG Ventures is focused on investing in sustainable technology companies.
–hgventures.comIndianapolis, United States
Venture capital firm focused on investing in clean tech sectors
–sdtc.caOttawa, Canada
Commercial banking services for small and medium-sized enterprises are provided.
1944bdc.caMontreal, Canada
Manufacturer of global security and defense airplanes
1912lockheedmartin.comUnited States
Automotive modules and assemblies parts are manufactured for vehicles.
2001martinrea.comVaughan, Canada
Independent advisory investment bank services are provided in Canada.
2015inforfg.comToronto, Canada
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Investor details for Equispheres

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People of Equispheres

16 people are tracked at Equispheres (5 in leadership, 5 in board & advisors, 6 in team).

NameRoleGroup
Kevin Nicholds
Co-Founder & CEOLeadership
Calvin Osborne
Chief Operating OfficerLeadership
Evan Butler-Jones
VP Product & StrategyLeadership
Pedro Luis Orsetti Rossi PhD P.Eng.
Vice President of OperationsLeadership
Jose Alberto Muñiz Lerma
Head of Applications R&DLeadership
Keith Spencer
DirectorBoard & advisors
Rob Wildeboer
DirectorBoard & advisors
John Glushik
DirectorBoard & advisors
Jeffrey York
ChairmanBoard & advisors
Mark Dance
DirectorBoard & advisors
Yan Kong, CPA, CGA
ControllerTeam
Matviy Sheekhmetov
Night Shift Production SupervisorTeam
Kamran Azari
Materials ScientistTeam
Diptesh Patel
Production ManagerTeam
Reza KayYeganeh, P.Eng.
Senior Electrical/Instrumentation & Controls EngineerTeam
Natan Michailov
Process TechnologistTeam
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Timeline of Equispheres

3 dated milestones of Equispheres across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Equispheres is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series B, of $14.5M.

Competitors of Equispheres

Equispheres operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elementum 3D, Metalysis, Pyrogenesis, Headmade Materials and Tekna Plasma Systems, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
elementum3d.com2014Erie, United States$23.44M32
Provider of metal powders for 3D printing applications
metalysis.com2003Rotherham, United Kingdom$89.06M19
Metal powders are produced for 3D printing via electrolysis.
pyrogenesis.com1998Montreal, Canada––
Metal powders for additive manufacturing are produced using plasma technology.
headmade-materials.de2019Wurzburg, Germany$7.15M–
Provider of metal powders for 3D printing applications
tekna.com1990Sherbrooke, Canada–177
Spheroidized metal powders for additive manufacturing are developed.
cnpcpowder.com1998Shanghai, China$13.6M–
Metal powders for 3D printing are produced via atomization processes.
veloxint.com2015Framingham, United States$3.49M–
High-performance nanocrystalline metal alloys are developed via additive manufacturing.
xa-blt.com1990Xianyang, China––
Metal 3D Printing materials manufacturer and customized services provider
blacksandtechllc.com2013West Valley, United States––
Alloy powders for 3D printing of metal parts are developed.
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Detailed competitors of Equispheres

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Web traffic of Equispheres

The website of Equispheres (equispheres.com) receives about 3K visits a month.

  • Monthly visits
    3K

    ▲ 19.8% vs previous month

Latest news on Equispheres

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Complete news archive for Equispheres

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Similar companies to Equispheres

10 companies that operate in the same segment as Equispheres (3D Printing & Scanning Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform for on-demand distributed manufacturing and prototyping is provided.
2013Gaithersburg, Maryland, United StatesUSD 203.44 MUSD 686.63 M1,090
Provider of cloud and AI-based virtual tour solutions for construction professionals
2011Sunnyvale, California, United StatesUSD 163.18 M––
Hover is recognized for providing construction and renovation software solutions.
2011San Francisco, California, United StatesUSD 142.3 M––
Metal-based desktop 3D printers are manufactured for production and prototyping.
2015Burlington, Vermont, United StatesUSD 446.55 M––
Online marketplace to custom manufacture and sell 3D printed products
2007New York, New York, United StatesUSD 106.9 MUSD 34.46 M–
Industrial 3D printers using selective laser melting technology are manufactured.
1923Ditzingen, Baden-wurttemberg, Germany–––
Carbon digital light synthesis-based 3D printers and materials are provided.
2013Redwood City, California, United StatesUSD 742.21 M––
Manufacturer of selective laser melting technology-based 3D printers
2015San Francisco, California, United StatesUSD 92.09 MUSD 45.97 M105
AI-powered 3D printed launch vehicles are developed for small payloads.
2015Inglewood, California, United StatesUSD 1.34 B––
Develop and manufacture Industrial printers based on Moving Light Technology and Laser Sintering technology
2008Les Mureaux, Ile-de-france, FranceUSD 27.46 M––
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Frequently Asked Questions about Equispheres

Equispheres was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Equispheres is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Kevin Nicholds is the current CEO of Equispheres. They have also founded this company.

Equispheres is a funded company, having raised a total of $36.55M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on May 2018.

Equispheres was founded in 2015 in Ottawa, Canada, where metal powders are manufactured for additive manufacturing and cold spray applications. The companys atomization process yields powders with defined mechanical properties, including a thin oxide layer and minimal water absorption. These spherical powders, free of agglomerates and fines, support smooth spreading in powder bed systems. They are applied in sectors such as automotive, space, defense, and aviation.

Equispheres's top competitors include Metalysis, Elementum 3D and Headmade Materials.

Equispheres offers Engineered Metal Powder and Applications Engineering Services.

Equispheres has 6 investors. Key investors include Lockheed Martin, BDC, Martinrea, HG Ventures, and Sustainable Development Technology Canada.

Equispheres operates through Equispheres Inc..

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