![]() Innovacorp invested about $ 3M in META over six years which, alongside additional support from private and public investors, helped the company build a significant IP portfolio around its technology platform and commercialize its first metamaterial application. “And, with their support, we were able to prototype our first metamaterial application.” “We partnered with Innovacorp at different stages of our lifecycle and scaleup,” he says, adding that Innovacorp helped in various ways, including making connections to professors at Dalhousie University. Palikaras says Innovacorp offers startups a unique “triple setup” in North America: an incubator, an accelerator, and venture capital, all under one roof. “George always had this big vision of developing a platform technology that would enable new products, create new markets and new opportunities,” Ray says. The company is using applied physics and advanced design to pioneer a new class of multi-functional materials - called metamaterials - with engineered properties that go beyond what is found in nature. ![]() T the technology has applications in aerospace and defence, health care, the automotive industry, and clean technology. “At the time, it was clear that there was a lot of potential behind META: It had a new, unique, patent-heavy product with lots of applications in the real world that were being made possible by technological developments in the broader industry,” says Andrew Ray, vice-president and managing director of the Nova Scotia First Fund at Innovacorp.ĭartmouth, N.S.-based Meta Materials, founded in 2011 by CEO George Palikaras, is a developer of high-performance functional materials and intelligent surfaces. in 2015, it was looking to add to its roster more companies with interesting products and a strong management team with a solid research and development strategy to help it expand. When Innovacorp first invested in smart materials and photonics company Meta Materials Inc.
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