Evercloak Inc. Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

2018

Location

Kitchener ON Canada

Primary Industry

Materials

About

Based in Ontario, Canada, and founded in 2018 by CEO Evelyn Allen and Michael Pope, Evercloak Inc., a.k.a. Evercloak operates as a clean technology company that focuses on developing advanced material manufacturing processes to address environmental challenges. In February 2024, Evercloak Inc. raised CAD 2 million in seed funding led by Bioindustrial Innovation Canada, with participation from Greensoil Ventures, Groundbreak Ventures, and Ontario Centres of Innovation. Evercloak offers custom graphene oxide composite membranes known for their high-water vapor permeance and tunable performance. These membranes are cost-competitive and stable against harsh chemicals like chlorine, making them suitable for various applications, including humidification, dehumidification, pervaporation, and gas dehydration. The company plans to use its proceeds from February 2024 funding to scale up its membrane manufacturing and strengthen the commercial team.

Current Investors

Velocity, The51 Ventures, Natural Resources Canada

Request a demo to show more

Primary Industry

Materials

Sub Industries

Nanomaterials

Website

www.evercloak.com

Verticals

Clean Technology, Manufacturing, Nanotechnology

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Employee Data

Want to see the Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.