About Alchemy

Alchemy, previously Neverfrost, was founded in May 2013 by a group of Nanotechnology Engineering graduates from the University of Waterloo. The company began with an intent to commercialize an innovation in sprayable anti-frost coatings, but soon thereafter expanded its technological infrastructure to include the current ExoShield technologies.

At Alchemy, our ambition and vision is quite simple: to build a nanotechnology company for the 21st century. We believe that with the right platform technologies, a culture that encourages creative risk taking, and a modern approach towards creating and commercializing technology, we can commercialize nanotechnology far more rapidly than it is done today.


Throughout its journey to commercialization, Alchemy has been supported and backed by world-renowned investors and organizations. Their support and mentorship has been instrumental to our progress to-date.