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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Equispheres Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.55 M (USD)
in 6 rounds
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Latest Funding Round
$14.55 M (USD), Series B
Apr 22, 2024
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Investors
Lockheed Martin
& 5 more
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Employee Count
Employee Count
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Products & Services of Equispheres
Equispheres offers a comprehensive portfolio of products and services, including Engineered Metal Powder and Applications Engineering Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Aluminum powder designed for efficient, high-volume AM production
Services to simplify adoption of metal additive manufacturing
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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 Total Funding
- Total Rounds 6
- Last Round Series B — $14.5M
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First Round
First Round
(31 May 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series B - Equispheres | Valuation | Martinrea | |
| Apr, 2020 | Amount | Series B - Equispheres | Valuation | HG Ventures | |
| Apr, 2020 | Amount | Debt – Conventional - Equispheres | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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HG Ventures is focused on investing in sustainable technology companies.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Commercial banking services for small and medium-sized enterprises are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Equispheres
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Equispheres
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Equispheres Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of metal powders for 3D printing applications
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| domain | founded_year | HQ Location |
Metal powders are produced for 3D printing via electrolysis.
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| domain | founded_year | HQ Location |
Metal powders for additive manufacturing are produced using plasma technology.
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| domain | founded_year | HQ Location |
Provider of metal powders for 3D printing applications
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| domain | founded_year | HQ Location |
Spheroidized metal powders for additive manufacturing are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Equispheres
Frequently Asked Questions about Equispheres
When was Equispheres founded?
Equispheres was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Equispheres located?
Equispheres is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Who is the current CEO of Equispheres?
Kevin Nicholds is the current CEO of Equispheres. They have also founded this company.
Is Equispheres a funded 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 B of $17M, raised on May 31, 2018.
What does Equispheres do?
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.
Who are the top competitors of Equispheres?
Equispheres's top competitors include Metalysis, Elementum 3D and Headmade Materials.
What products or services does Equispheres offer?
Equispheres offers Engineered Metal Powder and Applications Engineering Services.
Who are Equispheres's investors?
Equispheres has 6 investors. Key investors include Lockheed Martin, BDC, Martinrea, HG Ventures, and Sustainable Development Technology Canada.
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