Elysis

Montreal, Canada · Founded 2018 · Privately Held (backing)

Developer of a carbon-free smelting process intended for the aluminum industry. Elysis is based in Montreal, Canada and was founded in 2018. Its last reported valuation was $147 million in May 2018. It has raised $9.9 million.

Last reported valuation
$147.2M
Oct 2026
Priced at
—
Total raised
$9.9M
Last round
—

Elysis key facts

as of Oct 2026
  • Developer of a carbon-free smelting process intended for the aluminum industry.
  • Elysis is valued at approximately $147.2M as of Oct 2026 (last reported valuation).
  • It has raised $9.9M; the latest was PE Growth/Expansion ($9.9M) in Jan 2025.
  • Notable investors include Investissement Quebec, Government of Canada, Alcoa (Pittsburgh), Apple, Rio Tinto.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$147.2M

Elysis's last reported valuation, May 2018. Nothing priced has surfaced since.

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Elysis funding rounds

No rounds on record

No funding rounds for Elysis are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Elysis valuation

Elysis's last reported valuation was $147 million in May 2018. No priced round, secondary trade or fund mark has surfaced since.

Elysis investors

5 investors are on record for Elysis, including Investissement Quebec, Government of Canada, Alcoa (Pittsburgh) and Apple.

About Elysis

Developer of a carbon-free smelting process intended for the aluminum industry. The company's process eliminates all direct greenhouse gas (GHG) emissions from the smelting process while emitting oxygen as its by-product, thereby improving occupational health and safety, reducing the capital intensity and operational costs while increasing productivity and eliminating the potential exposure to carbon pricing mechanisms.

Sector
Materials and Resources
HQ
Montreal, Canada
Founded
2018
Employees
200
Ownership
Privately Held (backing)

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