Polar Sapphire
Latest round
- Seed
Last raised
- Dec 2013
Total raised
- Undisclosed
Investors
- 2
About Polar Sapphire
Polar Sapphire Ltd.Founded in 2012 and headquartered in Mississauga, Canada, Polar Sapphire Ltd. specializes in producing high-purity alumina (HPA) products. The company has engaged in 3 significant deals, with the most recent occurring on January 7, 2021. On this date, Ara Partners acquired a controlling stake in Polar Sapphire Ltd. from ArcTern Ventures, MaRS Investment Accelerator Fund, and Bioindustrial Innovation Canada. The financial terms of this transaction were not disclosed. The company was co-founded by Scott Nichol, who has a history of leading ventures in the materials sector.Polar Performance Materials produces high-purity alumina products, particularly 5N purity alumina, through advanced manufacturing techniques involving hydrometallurgy and pyrometallurgy. Their main offerings include high-purity alpha alumina powders, high-density alumina pellets, and dense alumina beads. These products are essential for various industries such as sapphire crystal growth, semiconductor equipment, LED manufacturing, optics, and protective glass.The revenue model for Polar Performance Materials is centered on direct business-to-business transactions, primarily with manufacturers in high-tech sectors. Their product sales, including 5N high-density pellets and alumina beads, are tailored to increase production efficiency and improve product quality for their customers. Pricing is typically based on volume and customized specifications, allowing for adaptability to different client needs.Polar Sapphire Ltd.65 mn received on January 7, 2021, from Sustainable Development Technology Canada, to enhance their product offerings and expand into new markets. The company is currently developing new products designed to meet the evolving needs of industries such as semiconductors and renewable energy.
Who invested in Polar Sapphire
2 investors across 1 round
See all investors in Polar Sapphire
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Dec 2, 2013
Amount
Undisclosed
Investors
Questions about Polar Sapphire
Who invested in Polar Sapphire?
Polar Sapphire has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Polar Sapphire raised?
Polar Sapphire has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Polar Sapphire last raise money?
Polar Sapphire's most recent round on record is a Seed, in Dec 2013.
What does Polar Sapphire do?
Polar Sapphire is a chemicals company.
Where is Polar Sapphire headquartered?
Polar Sapphire is headquartered in Mississauga, Canada.
Which VCs invest in companies like Polar Sapphire?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back chemicals companies at Polar Sapphire's stage. Their profiles are linked below.
VCs backing chemicals startups at Seed
Raising like Polar Sapphire? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.