About Pyrogenesis
Pyrogenesis is a company based in Montreal (Canada) founded in 1998.. The company has 107 employees as of December 31, 2024. Pyrogenesis has completed 2 acquisitions, including AirScience Technologies and DROSRITE International. Pyrogenesis offers products and services including Plasma Atomized Metal Powders, DROSRITE™, PAWDS, and Plasma Torches. Pyrogenesis operates in a competitive market with competitors including Elementum 3D, Metalysis, Equispheres, Headmade Materials and Tekna Plasma Systems, among others.
- Headquarter Montreal, Canada
- Employees 107 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Pyrogenesis Inc.
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Annual Revenue
$10.88 M (USD)26.79as on Dec 31, 2024
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Net Profit
$-4.64 M (USD)76.58as on Dec 31, 2024
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EBITDA
$-4.21 M (USD)78.05as on Dec 31, 2024
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Latest Funding Round
$2.51 M (USD), Post-IPO
Oct 01, 2025
- Investors
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Employee Count
107
as on Dec 31, 2024
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Investments & Acquisitions
AirScience Technologies
& 1 more
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IPO & Listings of Pyrogenesis
Pyrogenesis is a publicly listed company on the TSX with ticker symbol PYR in Canada, operating in the Industrial services 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 Pyrogenesis
Pyrogenesis offers a comprehensive portfolio of products and services, including Plasma Atomized Metal Powders, DROSRITE™, PAWDS, and Plasma Torches. 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.
Produces spherical metal powders using plasma processes
Recovers aluminum and zinc from industrial dross
Destroys waste on mobile and shipboard systems
Provides torches for high-temperature applications
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Funding Insights of Pyrogenesis
- Total Funding Total Funding
- Total Rounds 28
- Last Round Post-IPO — $2.5M
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First Round
First Round
(23 Dec 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Post-IPO - Pyrogenesis | Valuation |
investors |
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| Jul, 2024 | Amount | Post-IPO - Pyrogenesis | Valuation |
investors |
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| Dec, 2023 | Amount | Post-IPO - Pyrogenesis | Valuation |
investors |
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| 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 Pyrogenesis
Pyrogenesis has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sustainable Development Technology Canada. 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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Venture capital firm focused on investing in clean tech sectors
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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 Pyrogenesis
Pyrogenesis has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AirScience Technologies and DROSRITE International. 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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Waste management services are provided internationally by DROSRITE International.
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2019 | ||||
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Biofuel and biomass are produced by AirScience Technologies in Canada.
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1993 |
| 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 - Pyrogenesis
| 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 |
Pyrogenesis Comparisons
Competitors of Pyrogenesis
Pyrogenesis 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, Equispheres, 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 |
Manufacturer of metal powders for additive manufacturing and cold spray applications
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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 |
|---|---|---|---|---|
| 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 Pyrogenesis
Frequently Asked Questions about Pyrogenesis
When was Pyrogenesis founded?
Pyrogenesis was founded in 1998 and raised its 1st funding round 15 years after it was founded.
Where is Pyrogenesis located?
Pyrogenesis is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Pyrogenesis?
Peter Pascali is the current CEO of Pyrogenesis.
How many employees does Pyrogenesis have?
As of Dec 31, 2024, the latest employee count at Pyrogenesis is 107.
What is the annual revenue of Pyrogenesis?
Annual revenue of Pyrogenesis is $10.88M as on Dec 31, 2024.
What does Pyrogenesis do?
Pyrogenesis was established in 1998 in Montreal, Canada. Plasma-based processes are utilized to manufacture metal powders for additive manufacturing through atomization. Technology is also applied in waste destruction and energy recovery for environmental management. Operations extend to sectors including defense, mining, oil and gas, and conservation, with powders serving industrial applications.
Who are the top competitors of Pyrogenesis?
Pyrogenesis's top competitors include Metalysis, Elementum 3D and Equispheres.
What products or services does Pyrogenesis offer?
Pyrogenesis offers Plasma Atomized Metal Powders, DROSRITE™, PAWDS, and Plasma Torches.
Is Pyrogenesis publicly traded?
Yes, Pyrogenesis is publicly traded on TSX under the ticker symbol PYR.
How many acquisitions has Pyrogenesis made?
Pyrogenesis has made 2 acquisitions, including AirScience Technologies, and DROSRITE International.
Who are Pyrogenesis's investors?
Pyrogenesis has 1 investor. Key investors include Sustainable Development Technology Canada.
What is Pyrogenesis's ticker symbol?
The ticker symbol of Pyrogenesis is PYR on TSX.
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