# Metamaterial Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/metamaterial-technologies

- Industry: Materials
- Headquarters: Canada
- Website: www.metamaterial.com
- Total disclosed funding: $8.3M
- Latest round: Series A (Apr 11, 2017)
- Investors on record: 2

## About

Metamaterial Technologies Inc. is a Canadian company specializing in advanced materials and nanotechnology, creating innovative functional materials and intelligent surfaces that enhance performance across diverse applications.Metamaterial Technologies Inc. develops advanced materials and nanotechnology solutions. Founded in 2011 in Canada, the company has undergone strategic pivots to refine its product offerings and market focus. The firm's headquarters is located in Halifax, Nova Scotia. Co-founded by George Palikaras and Themos Kallos, the company has raised a total of USD 8.30 mn through various funding rounds. The latest funding event was a Grant of USD 5.40 mn received on October 12, 2017, led by Sustainable Development Technology Canada.Meta Materials Inc. specializes in advanced materials and nanotechnology, focusing on the development of functional materials and intelligent surfaces that enable previously unattainable performance across various applications. Their core product offerings include the NANOWEB® transparent conductive film, serving as a superior alternative to Indium Tin Oxide (ITO), and metaAIR® laser glare protection eyewear, which combines transparency with color fidelity for user comfort. The company also produces metaOPTIX™ holographic optical components designed to manipulate light innovatively. These products primarily target industries such as aerospace, automotive, consumer electronics, and energy, with significant applications in 5G communications and medical diagnostics, catering to a diverse client base that includes leading global brands and manufacturers across North America, Europe, and Asia.Meta Materials Inc. generates revenue through strategic partnerships and direct sales of its innovative products to both B2B and B2C clients. The company engages in commercial agreements with Original Equipment Manufacturers (OEMs) and other industry leaders, facilitating the integration of its technologies into various applications. Transactions typically involve direct sales of products like the NANOWEB® and metaAIR®, where clients place orders based on specific project requirements. The pricing structure reflects the advanced technology and unique functionalities offered by these products, supporting ongoing collaborations with its customer base.Meta Materials Inc. plans to leverage its recent funding of USD 5.40 mn to support the development of new products and expand into new markets. Specific upcoming products include enhancements to their existing technology lines, although release dates are not specified. The company is focusing on expanding its reach in North America, Europe, and Asia by establishing more strategic partnerships and market presence over the next few years.

## Funding rounds

- Series A, Apr 11, 2017, $8.3M — Invest Nova Scotia, Radar Capital

## Investors

- Invest Nova Scotia — Series A
- Radar Capital (https://capitalatlas.ai/funds/radar-capital) — Series A