Pyrogenesis

Montreal, Canada Founded: 1998 • Age: 28 yrs
Metal powders for additive manufacturing are produced using plasma technology.
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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
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pyrogenesis Inc.
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing
Key Metrics
  • Annual Revenue
    $10.88 M (USD)
    26.79
    as on Dec 31, 2024
  • Net Profit
    $-4.64 M (USD)
    76.58
    as on Dec 31, 2024
  • EBITDA
    $-4.21 M (USD)
    78.05
    as on Dec 31, 2024
  • Latest Funding Round
    $2.51 M (USD), Post-IPO

    Oct 01, 2025

  • Investors
  • Employee Count
    107

    as on Dec 31, 2024

  • Investments & Acquisitions
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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.

Exchange: TSX · Ticker: PYR . Sector: Industrial services · Canada

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.

Primary

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

People of Pyrogenesis
Headcount 50-200
Employee Profiles 11
Board Members and Advisors 6
Employee Profiles
People
P. Peter Pascali
President & CEO
People
Massimo Dattilo
VP, Sales
People
Me Sara-Catherine L. Tolszczuk
Legal Counsel & Corporate Secretary
People
Pierre Carabin
CTO & Chief Strategist

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Board Members and Advisors
people
Alan Curleigh
Chair & Director
people
Andrew Abdalla
Director
people
Virendra Jha
Director
people
Robert M. Radin
Director

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Funding Insights of Pyrogenesis

  • Total Funding
  • Total Rounds 28
  • Last Round Post-IPO — $2.5M
  • First Round

    (23 Dec 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Post-IPO - Pyrogenesis Valuation

investors

Jul, 2024 Amount Post-IPO - Pyrogenesis Valuation

investors

Dec, 2023 Amount Post-IPO - Pyrogenesis Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm focused on investing in clean tech sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Waste management services are provided internationally by DROSRITE International.
2019
Biofuel and biomass are produced by AirScience Technologies in Canada.
1993
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Pyrogenesis

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pyrogenesis Comparisons

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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
domain founded_year HQ Location
Metal powders are produced for 3D printing via electrolysis.
domain founded_year HQ Location
Manufacturer of metal powders for additive manufacturing and cold spray applications
domain founded_year HQ Location
Provider of metal powders for 3D printing applications
domain founded_year HQ Location
Spheroidized metal powders for additive manufacturing are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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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