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Smarter Alloys
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Developer of new technology for Shape Memory Alloys to add extensive functionality to existing components and enable new products to be realized

Founded in 2010
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Company type Private Public ()
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Industry Group materials & chemicals

Sector advanced materials

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Toronto, ON Toronto, Canada
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Updated by Ibraheem Khan at Smarter Alloys on 02/27/2014

Edited by Cleantech Group on 09/21/2021

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MaRS Discovery District MaRS Discovery District
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Date Investors Type Amount
02/12/2020 Breakthrough Energy Solutions Canada Breakthrough Energy Solutions Canada (1)
Post-money valuation of
Smarter Alloys will receive between CAD$300 ,000 and CAD$3,000,000 from the Breakthrough Energy Solutions Canada funding call with an opportunity to gain access to additional private investments from Breakthrough Energy Ventures, the Business Development Bank of Canada and others.
 Grant $240,000
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Multiple Memory Material (MMM) Technology

MMM enhances the shape memory affect and pseudo-elasticity of conventional Shape Memory Alloys (SMAs) and can be used in a variety of applications.

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