About Metamaterial
Metamaterial is a company based in Halifax (Canada) founded in 2011.. The company has 96 employees as of December 31, 2024. Metamaterial has completed 5 acquisitions, including Mediwise, Nanotech Security and Optodot. Metamaterial offers products and services including NANOWEB®, glucoWISE®, and ARfusion®. Metamaterial operates in a competitive market with competitors including Echodyne, Metalenz, Belzona, Rayspan and HyperDamping, among others.
- Headquarter Halifax, Canada
- Employees 96 as on 31 Dec, 2024
- Stage Public
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Sectors
Chemicals & MaterialsTechnology
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Phone
*********
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Website
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Social
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- Legal Name Meta Materials Inc.
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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.
Products & Services of Metamaterial
Metamaterial offers a comprehensive portfolio of products and services, including NANOWEB®, glucoWISE®, and ARfusion®. 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.
High-conductivity material for EMI shielding in electronics.
Non-invasive glucose monitoring technology under development.
Augmented reality technology for various industry applications.
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Funding Insights of Metamaterial
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $250,000
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First Round
First Round
(27 Apr 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Post-IPO - Metamaterial | Valuation |
investors |
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| Apr, 2020 | Amount | Post-IPO - Metamaterial | Valuation |
investors |
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| Apr, 2017 | Amount | Post-IPO - Metamaterial | Valuation | Radar Capital |
| 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 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. 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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Canadian private equity investments are managed by Radar Capital.
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Founded Year | Domain | Location | |
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Accelerator, Incubator & VC Firm investing primarily in Canada and the US
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Founded Year | Domain | Location | |
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A network is established to connect investors with entrepreneurs.
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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 Metamaterial
Metamaterial has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Mediwise, Nanotech Security and Optodot. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Thin-film production systems are provided for high-speed coating on substrates.
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2014 | ||||
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Patient solutions using wireless sensing technology
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2010 | ||||
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Nanostructured glass and coatings are produced via proprietary nanolithography.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Metamaterial
| 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 |
Metamaterial Comparisons
Competitors of Metamaterial
Metamaterial 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 Echodyne, Metalenz, Belzona, Rayspan and HyperDamping, 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 |
Metamaterials-based radar technology is provided for UAVs and security applications.
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| domain | founded_year | HQ Location |
Meta-optic materials are manufactured for applications in sensing and electronics.
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| domain | founded_year | HQ Location |
Produces high-quality protective coatings and composite materials.
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| domain | founded_year | HQ Location |
Develops advanced metamaterial air interface solutions for innovative applications.
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| domain | founded_year | HQ Location |
Floor material products are supplied for construction applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Metamaterial
Frequently Asked Questions about Metamaterial
When was Metamaterial founded?
Metamaterial was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Metamaterial located?
Metamaterial is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
How many employees does Metamaterial have?
As of Dec 31, 2024, the latest employee count at Metamaterial is 96.
What is the annual revenue of Metamaterial?
Annual revenue of Metamaterial is $7.97M as on Dec 31, 2023.
What does Metamaterial do?
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.
Who are the top competitors of Metamaterial?
Metamaterial's top competitors include Metalenz, Echodyne and HighT-Tech.
What products or services does Metamaterial offer?
Metamaterial offers NANOWEB®, glucoWISE®, and ARfusion®.
Is Metamaterial publicly traded?
Yes, Metamaterial is publicly traded on OTC under the ticker symbol MMATQ.
How many acquisitions has Metamaterial made?
Metamaterial has made 5 acquisitions, including Mediwise, Nanotech Security, and Optodot.
Who are Metamaterial's investors?
Metamaterial has 4 investors. Key investors include BDC, Radar Capital, Innovacorp, and First Angel Network.
What is Metamaterial's ticker symbol?
The ticker symbol of Metamaterial is MMATQ on OTC.