Alchemy develops advanced materials through a proprietary nanotechnology platform designed to enhance performance and safety across multiple industries. Its flagship products include ExoShield ULTRA, a windshield protection film aimed at the automotive market, and Crypsis Class, a thermal camouflage solution for defence customers. The company’s technology suite focuses on protective films, specialized coatings, and next-generation camouflage materials. Led by CEO Khanjan Desai, Alchemy plans to accelerate product development and commercialization with its newly secured capital. The funds will also be used to expand its manufacturing footprint within Canada, underscoring its commitment to domestic production capabilities. In addition, the company seeks to foster international partnerships with allied nations to broaden its market reach. While financial metrics such as revenue or user counts were not disclosed, the recent financing suggests growing investor confidence in its nanotechnology platform.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025