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.
- Website
- www.cymat.com/
- Email ID
- *****@cymat.com
Key Metrics
Founded Year
1990
Location
Mississauga, Canada
Stage
Public
Latest Funding Round
Investors
Ranked
50th among 4661 active competitors
Exit Details
Public
Legal entities associated with Cymat
Cymat is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Cymat Technologies Ltd. CIN: 1463577 , United States, Active | $1M - $5M (As on Jun 09, 2009) | - | - |
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:
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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 |
View details of Cymat's funding rounds and investors
Cymat's founders and board of directors
Founder? Claim ProfileThe founders of Cymat is Michael Liik. Michael Liik is the CEO of Cymat.
Here are the details of Cymat's key team members:
- Michael Liik: Founder & CEO of Cymat.
View details of Cymat's Founder profiles and Board 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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of stone wool insulation products | $11.3M | 63/100 | ||
2nd | Quanex 1927, Houston (United States), Public | Manufacture and Retailer of home appliances | - | - | 59/100 |
3rd | Armstrong World Industries 1860, Lancaster (United States), Public | Provider of ceiling and wall solutions for commercial and residential spaces | - | - | 59/100 |
4th | TopBuild 2015, Daytona Beach (United States), Acquired | Distributor of insulation products | - | 59/100 | |
5th | Manufacturer of rain water harvesting system and building materials and products | - | 57/100 | ||
6th | Knauf Digital 1932, Munich (Germany), Funding Raised | Manufacturer of insulation materials | - | 56/100 | |
7th | PORCELANOSA 1973, Villarreal (Spain), Unfunded | Provider of tiles, bathroom, and kitchen equipment with a wide range of products | - | - | 55/100 |
8th | 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 | Manufacturer of doors, laminates, plywood, and other products | - | - | 52/100 | |
10th | LuxWall 2020, Ypsilanti (United States), Series C | Manufacturer of insulation materials | $167M | 52/100 | |
50th | Innovative aluminium foam based products | - | 38/100 |
Looking for more details on Cymat's competitors? Click here to see the top ones
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
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.
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KAP Minerals and Cymat Technologies Partner for Canadian Scandium-Aluminum Master Alloy ProductionPR Newswire•Oct 28, 2026•Cymat
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Sambo Industrial and Rio Tinto to Jointly Develop Aluminum to Reduce Electric Vehicle WeightNewswire•Jul 21, 2026•Sambo Industrial, Rio Tinto, Cymat
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Rio Tinto may need to bulk up its copper pipeline, Swiss bank saysProactive•Jul 10, 2026•Rio Tinto, Cymat
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Cymat Technologies wins C$1.8M SmartMetal armor order and raises C$1.55M in equity.Business News Today•Dec 04, 2025•Cymat, https://smartmetal.in
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CYMAT Announces Completion of $1.5 M Private Placement FinancingPR Newswire•Oct 02, 2025•Cymat, Hunter Douglas
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Cymat partners with global automotive Tier 1 manufacturer for lightweight componentsCNW•Sep 08, 2025•Cymat
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Cymat to Acquire Aluminum Metal Matrix Composite Technology from Rio Tinto AlcanStockhouse Publishing•Jun 24, 2025•Cymat, Rio Tinto
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