About Metamaterial
Metamaterial is a publicly listed company based in Halifax (Canada) founded in 2011. Metamaterials are manufactured and applied across various industries. It operates in the Chemicals & Materials and Technology sectors. The company has 96 employees. Metamaterial has completed 5 acquisitions, including Mediwise, Nanotech Security and Optodot. Its website metamaterial.com draws about 16 thousand monthly visits. Metamaterial offers products and services including NANOWEB®, glucoWISE®, and ARfusion®. Its focus areas include High Tech, Advanced Materials, Metamaterials and Chemicals and Materials Tech. Its legal entity is Meta Materials Inc.
Company details
Metamaterials are produced by the company, which was founded in 2011 in Halifax, Canada. Patented thin-film technologies are utilized to manipulate light at different wavelengths, enabling absorption, blocking, and enhancement functions. Applications are extended to sectors including aerospace, medical, consumer electronics, energy, automotive, and defense. Operations focus on development and integration for industrial uses.
- Headquarters Halifax, Canada
- Employees 96
- Stage Public
- SectorsChemicals & MaterialsTechnology
- Website metamaterial.com
- Social LinkedIn X Facebook
- Legal Name Meta Materials Inc.
Products & Services of Metamaterial
Metamaterial offers a comprehensive portfolio of products and services, including NANOWEB®, glucoWISE®, and ARfusion®.
High-conductivity material for EMI shielding in electronics.
Non-invasive glucose monitoring technology under development.
Augmented reality technology for various industry applications.
Funding Insights of Metamaterial
- Total Rounds 5
- Last Round Post-IPO — $250,000
- First Round $3.1M
(Apr 2015)
- Investors Count 4
All 5 funding rounds of Metamaterial 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 |
|---|---|---|---|---|---|
| Sep 2023 | $250,000 | Post-IPO | – | – | – |
| Apr 2020 | $5M | Post-IPO | – | – | |
| Apr 2017 | $8.3M | Post-IPO | – | Radar Capital | |
| Jun 2016 | $2.28M | Post-IPO | – | – | – |
| Apr 2015 | $3.1M | Post-IPO | – | Innovacorp |
4 investors in total: 4 institutional.
Investors in Metamaterial
Metamaterial has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, Radar Capital and Innovacorp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Canadian private equity investments are managed by Radar Capital. | radarcapital.ca | Toronto, Canada | ||
Accelerator, Incubator & VC Firm investing primarily in Canada and the US | innovacorp.ca | Halifax, Canada | ||
A network is established to connect investors with entrepreneurs. | 2005 | firstangelnetwork.ca | Halifax, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada |
Investor details for Metamaterial
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- Complete investor list
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People of Metamaterial
17 people are tracked at Metamaterial (5 in leadership, 9 in board & advisors, 3 in team); the tracked headcount is 96.
| Name | Role | Group |
|---|---|---|
Themos Kallos | Co-Founder & Chief Science Officer | Leadership |
Neal Skura | VP, Product Management | Leadership |
Gardner Wade | Chief Product Officer | Leadership |
Ragip Pala | Director, Metamaterials Research & Innovation | Leadership |
Jennifer Cheraso | Chief Human Resources Officer | Leadership |
Ken Hannah | Director | Board & advisors |
Eric M. Leslie | Director | Board & advisors |
Steen Karsbo | Director | Board & advisors |
Mark Brongersma | Scientific Advisor | Board & advisors |
Nader Engheta | Scientific Advisor | Board & advisors |
Andrea Alú | Scientific Advisor | Board & advisors |
Vyomesh Joshi | Director | Board & advisors |
Eugenia Corrales | Director | Board & advisors |
Jack Harding | Chair | Board & advisors |
Shimul C Saha | Manager, Biomedical And RF Engineering | Team |
Chun-Wei Chen | Process Development Engineer | Team |
Ryan Li | Manager, Product Development | Team |
Complete people profiles for Metamaterial
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IPO & Listings of Metamaterial
Metamaterial is a publicly listed company on the OTC with ticker symbol MMATQ in USA, operating in the Electronic technology 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 date09 Mar 2020
- Listed onCSE: MMAX
- Listed entityMeta Materials Inc.
- Exchange sectorElectronic technology
- ISINUS59134N3026
- Share price$0.00 (+9900% on the day) · 2026-09-28
- Market capitalisation$669.55
- Volume (last session)159
Financials of Metamaterial
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2023 | $8.0M | -$398.2M | -$45.5M |
| 2022 | $10.2M | -$79.1M | -$72.4M |
| 2021 | $4.1M | -$91.0M | -$34.1M |
| 2020 | $1.1M | -$11.6M | -$8.4M |
Detailed financial statements for Metamaterial
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- Statement rows
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Investments & Acquisitions by Metamaterial
Metamaterial has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Mediwise, Nanotech Security and Optodot.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Nanoporous separators for battery applications are developed and manufactured. | optodot.com | Woburn, United States | 2000 | Jun 2022 | •••• | |
Thin-film production systems are provided for high-speed coating on substrates. | plasma-app.com | Harwell, United Kingdom | 2014 | Apr 2022 | $20M | |
Nano-optical technology and materials for anti-counterfeiting are provided. | nanosecurity.ca | Burnaby, Canada | 1984 | Aug 2021 | $90M | |
Patient solutions using wireless sensing technology | mediwise.co.uk | London, United Kingdom | 2010 | Jul 2018 | •••• | |
Nanostructured glass and coatings are produced via proprietary nanolithography. | rolith.com | Pleasanton, United States | 2008 | May 2016 | •••• |
Complete acquisition details for Metamaterial
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Metamaterial
9 dated milestones of Metamaterial across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Metamaterial is founded.
- Funding First funding round of $3.1M.
- Acquisition Acquires Rolith.
- Acquisition Acquires Mediwise.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Nanotech Security.
- Acquisition Acquires Plasma App.
- Acquisition Acquires Optodot.
- Funding Latest funding round, Post-IPO, of $250K.
Web traffic of Metamaterial
The website of Metamaterial (metamaterial.com) receives about 16K visits a month.
- Monthly visits16K
▲ 7% vs previous month
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Frequently Asked Questions about Metamaterial
Metamaterial was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Metamaterial is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Metamaterial has 96 employees.
Annual revenue of Metamaterial is $7.97M as on Dec 31, 2023.
Metamaterials are produced by the company, which was founded in 2011 in Halifax, Canada. Patented thin-film technologies are utilized to manipulate light at different wavelengths, enabling absorption, blocking, and enhancement functions. Applications are extended to sectors including aerospace, medical, consumer electronics, energy, automotive, and defense. Operations focus on development and integration for industrial uses.
Metamaterial offers NANOWEB®, glucoWISE®, and ARfusion®.
Yes, Metamaterial is publicly traded on OTC under the ticker symbol MMATQ.
Metamaterial has made 5 acquisitions, including Mediwise, Nanotech Security, and Optodot.
Metamaterial has 4 investors. Key investors include BDC, Radar Capital, Innovacorp, and First Angel Network.
Metamaterial operates through Meta Materials Inc..