Alumni startup benefits from Waterloo ties
Waterloo-based startup Alchemy maintains a mutually rewarding relationship with the University of Waterloo.
Co-founded in 2013 by Waterloo Engineering alumni Khanjan Desai and Chong Shen (both BASc '13, nanotechnology engineering), Alchemy was one of the first nanotechnology startups to emerge from Waterloo. Thanks to support from the University, the company has grown significantly and now employs 25 people locally plus 500 installers in 57 countries to sell its windscreen protection product ExoShield.