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Cymat - About the company

Cymat is a public company based in Mississauga (Canada), founded in 1990 by Michael Liik. It operates as an Innovative aluminium foam based products. Cymat has raised an undisclosed amount in funding. The company has 4661 active competitors, including 27 funded and 410 that have exited. Its top competitors include companies like ROCKWOOL, Quanex and Armstrong World Industries.

Company Details

Cymat is an innovative materials technology company providing solution utilizing aluminium foam. Their proprietary Stabilized Aluminium Foam is a versatile and cost effective material for use in a broad range of industry applications. The firm uses low pressure casting methods to make products in desirable shapes. Their products find application in automotive sector, blast mitigation etc.
Email ID
*****@cymat.com
Key Metrics
Founded Year
1990
Location
Mississauga, Canada
Stage
Public
Latest Funding Round
Investors
Ranked
Similar Companies
Exit Details
Public

Cymat's IPO details

Cymat got listed on Oct 21, 2013.
Click here to take a look at Cymat's IPO in detail
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Cymat's funding and investors

Cymat has raised funding over 10 rounds. Cymat has 1 institutional investor.

Here is the list of recent funding rounds of Cymat:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 02, 2025
6829881
Post IPO
7305333
8104764
4902744
9198649
Apr 09, 2025
7116289
Post IPO
1104531
3444680
5787595
4981832
Oct 13, 2023
1691577
Post IPO
7518658
5817213
8536418
9438596
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Cymat's founders and board of directors

Founder? Claim Profile
The founders of Cymat is Michael Liik. Michael Liik is the CEO of Cymat.
Here are the details of Cymat's key team members:
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Cymat's Competitors and alternates

Top competitors of Cymat include ROCKWOOL, Quanex and Armstrong World Industries. Here is the list of Top 10 competitors of Cymat, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ROCKWOOL
ROCKWOOL
1909, Milton (Canada), Public
Manufacturer of stone wool insulation products
$11.3M
63/100
2nd
Logo for Quanex
Quanex
1927, Houston (United States), Public
Manufacture and Retailer of home appliances
-
-
59/100
3rd
Logo for Armstrong World Industries
Armstrong World Industries
1860, Lancaster (United States), Public
Provider of ceiling and wall solutions for commercial and residential spaces
-
-
59/100
4th
Logo for TopBuild
TopBuild
2015, Daytona Beach (United States), Acquired
Distributor of insulation products
-
59/100
5th
Logo for Kingspan
Kingspan
1965, Kingscourt (Ireland), Acquired
Manufacturer of rain water harvesting system and building materials and products
-
57/100
6th
Logo for Knauf Digital
Knauf Digital
1932, Munich (Germany), Funding Raised
Manufacturer of insulation materials
-
56/100
7th
Logo for PORCELANOSA
PORCELANOSA
1973, Villarreal (Spain), Unfunded
Provider of tiles, bathroom, and kitchen equipment with a wide range of products
-
-
55/100
8th
Logo for AllHome
AllHome
2025, Mumbai (India), Series B
Provider of interior design and architecture planning services through a collective of specialist brands covering multi-categories of home improvement products
$46.5M
55/100
9th
Logo for Archidply
Archidply
1976, Bengaluru (India), Public
Manufacturer of doors, laminates, plywood, and other products
-
-
52/100
10th
Logo for LuxWall
LuxWall
2020, Ypsilanti (United States), Series C
Manufacturer of insulation materials
$167M
52/100
50th
Logo for Cymat
Cymat
1990, Mississauga (Canada), Public
Innovative aluminium foam based products
-
38/100
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Cymat's Investments and acquisitions

Cymat has made no investments or acquisitions yet.

Reports related to Cymat

Here is the latest report on Cymat's geography:

News related to Cymat

lockFilter this list
Media has covered Cymat for a total of 7 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
•
Cymat Provides Update on Private Placement FinancingFinancial Times•Oct 22, 2025•Cymat
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FAQs about Cymat

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