Manufacturing industrial

Alchemy

Website

Alchemy is a nanotechnology company based in Kitchener, Ontario with core operations in the automotive and defense sectors. Automotive - With the widespread adoption of ADAS systems in new vehicles, the cost of replacing a windshield in new vehicles has tripled to $1500+. We have developed a windshield protection film product line called ExoShi

Founded 2013Origin source ↗Checked 2026-09-15

Overview

Alchemy is a nanotechnology company based in Kitchener, Ontario with core operations in the automotive and defense sectors.

Automotive - With the widespread adoption of ADAS systems in new vehicles, the cost of replacing a windshield in new vehicles has tripled to $1500+. We have developed a windshield protection film product line called ExoShield to help vehicle owners protect their windshields. Our ExoShield GT3 film is sold through 400+ aftermarket installers and car dealerships in 56 countries that carry and install it for vehicle owners. For Jeep Wrangler and Ford Bronco owners (google: broken windshield club), our ExoShield ULTRA DIY kits are available via our website and dropshipping partners.

Defense - Over the last 3 years, we have been working with the Canadian Armed Forces to develop an infrared camouflage technology. We have received two contracts from CAF to develop our technology. Our solution has the ability to be integrated into the uniform directly (adding just 5-10g of weight vs. 600-18,000 kg of weight for other alternatives), has outperformed all existing NATO alternatives in multiple CAF field trials, and is receiving support from major elements of CAF for our next contract. This technology can also be adapted for other individual camouflage integrations (face paint and individual nettings) and for mobile camouflage applications (vehicle nettings and vehicle paints).

Company description As recorded 2026-11-08

Founders & team

Previously Neverfrost

Company history As recorded 2026-11-08

Khanjan Desai

Founder

CEO & Founder of Alchemy. 2013 Nanotechnology Engineering graduate from the University of Waterloo. 2020 Forbes 30 Under 30 - Manufacturing & Industry. Previously at Harvard Med doing cryopreservation and microfluidics research, and at Facebook doing growth analytics and internet marketing.

Founder profile As recorded 2026-09-15
25team members reported
Source-reported As recorded 2026-09-15

Founded 2013 · Source

News & product activity

Sources & observations

Y Combinator

Profile depthverified profile
Website observationwebsite reachable
Last website check2026-11-11
Location · source statedWaterloo, ON, Canada
Pricing evidenceNo pricing page confirmed
Maturity: Not assessed · 3 of 6 areas documented

Source-based assessment · automated evidence rules

The retained text does not establish product availability or customer use.

Maturity is an evidence-based assessment, not a success rating. It may understate the current stage where evidence is limited. Coverage records documented areas, not a complete or independently audited company history.

Stage definitions
independent websitesource corroborationreachable websitedescriptive evidenceclassified market and modelsourced peoplesourced founding year