# Matter and Form

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matter-and-form

- Industry: Hardware
- Headquarters: Toronto, Canada
- Website: www.matterandform.net
- Total disclosed funding: $2M
- Latest round: Seed (Aug 19, 2014)
- Investors on record: 2

## About

Matter and Form develops innovative 3D scanning technology, focusing on user-friendly solutions that empower professionals and hobbyists alike to create high-quality 3D scans effortlessly, enhancing design and engineering processes.Matter and Form Inc. was founded in 2013 in Toronto, Canada, and specializes in 3D scanning technology. The company is led by CEO Trevor Townsend, who has a background in innovation and technology development. In August 2014, the company raised USD 2.00 mn in a Seed funding round led by Sandstone Asset Management, with participation from MaRS Investment Accelerator Fund. The firm has conducted one significant deal to date, with the most recent deal occurring on August 19, 2014.Matter and Form Inc. specializes in the development and manufacturing of 3D scanning technology, primarily through its flagship product, the Matter and Form THREE™ 3D Scanner. This advanced scanner leverages stereo camera structured light technology combined with a built-in CPU and GPU, allowing it to capture high-resolution 3D scans with a minimum feature size of 0.2 mm. The scanner's user-friendly web-based interface facilitates seamless operation across various devices and operating systems, making it accessible to both professional and novice users in diverse applications such as product design, reverse engineering, and art creation. The Matter and Form THREE is designed to effectively handle scanning tasks for small to medium-sized objects, including intricate details required in industries like jewelry design, engineering, and prototyping. The company markets its products primarily in North America, Europe, and parts of Asia, thereby catering to a global clientele that includes educational institutions, design studios, and manufacturing firms.Matter and Form Inc. generates revenue through direct sales of its 3D scanners, specifically the Matter and Form THREE™, along with complementary software and accessories. The company's transaction structure predominantly follows a direct-to-consumer model, allowing customers to purchase the scanners through their official website. Additionally, the company may engage with B2B partnerships, supplying educational and professional institutions with its products for instructional and practical applications. The pricing for the Matter and Form THREE is positioned to attract a wide range of users, reflecting its accessibility and advanced capabilities without the need for subscription fees or complex licensing arrangements. This pricing strategy is supported by the scanner's reputation for delivering high-quality scans and robust performance, making it a preferred choice among users seeking efficient and effective 3D scanning solutions.Matter and Form plans to utilize the recent funding of USD 2.00 mn from the Seed round, led by Sandstone Asset Management, to support the development and launch of new products designed to enhance their 3D scanning capabilities. The company aims to expand its market presence into regions such as Asia and Europe by the end of 2025, targeting increased sales through strategic partnerships and marketing initiatives. These efforts will position Matter and Form to capture a larger share of the growing 3D scanning market.

## Funding rounds

- Seed, Aug 19, 2014, $2M — MaRS Investment Accelerator Fund, Sandstone Asset Management

## Investors

- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Seed
- Sandstone Asset Management — Seed