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Damasteel

Full company profile

uuid003b2wf

Namestring
Damasteel
Legal namestring
Damasteel AB
Websiteurl
damasteel.se
Company typeenum
Private
Founded yearint
1995
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSöderfors, Sweden
HQ citystring
Söderfors
HQ countrystring
Sweden
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
stainless damascus steel, powder metallurgy steel, patterned steel alloys, knife maker materials, specialty steel manufacturing
Industry1 code
1Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated)
CodeIMAKABAGPrimaryYes
NAICS code1 code
  • Custom Roll Forming332114
SIC code1 code
  • Steel Works, Blast Furnaces & Rolling & Finishing Mills3310
Product category
Specialty Steel Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Stainless Damascus Steel Products
TypeOne Time License
Description

Damasteel generates revenue through the sale of proprietary stainless Damascus patterned steel products including flat bars, round bars, and sheets. Products are sold directly through their webshop and through a global network of authorized distributors. The company offers various steel alloys (DS93X, DS95X, Damacore, RWL34, DS92X, DS96X) and multiple pattern options.

damasteel.se
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Damasteel manufactures stainless Damascus-patterned steel products — flat bars, round bars, and sheets — using its patented powder metallurgy and Solid Steel Technology. The company sells proprietary steel grades (DS93X, DS95X, Damacore DC18N/DC21R, RWL34, DS92X, DS96X) across 30+ Damascus patterns inspired by Norse mythology, supplying custom knifemakers, jewelers, watchmakers, EDC gear makers, and gunmakers globally.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • World leader in stainless Damascus steel with 30+ years of innovation
+1 more record
Product and service2 records
1Damasteel DS93X Martensitic Damascus Patterned Steel
CategoryDamascus Patterned Steel
Description

Best overall performing stainless Damascus patterned steel combining corrosion resistance with superior strength, produced via patented powder metallurgy with Solid Steel Technology for inclusion-free homogenous product. Used by custom knifemakers for culinary, outdoor, and folding knives.

2Damasteel DS95X Austenitic Damascus Patterned Steel
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2022-07-06
Description

Damasteel's Vinland pattern was featured on a limited edition collaboration between Victorinox and adidas. The silver shiny Damasteel pattern perfectly matched the Victorinox red used for the sneaker detail. The release included a matching pair of kicks and collector's edition packaging. This was Damasteel's first major brand collaboration featuring their steel on lifestyle products.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Damasteel supplied Valyrian steel for HBO's House of the Dragon series, creating Dark Sister and Blackfyre swords for the Targaryen family. The collaboration included master swordsmith Peter Johnsson. The pattern used (Svavner) was launched in summer 2022 alongside the series premiere. This high-profile entertainment partnership significantly raised Damasteel's brand visibility globally.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Authorized distributor for Damasteel products in the United States. Specializes in knife-making supplies and provides Damasteel steel to American makers and craftsmen.

4Maritime Knife Supply (Canada)
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Authorized distributor for Damasteel products in Canada. Provides Damasteel steel to Canadian knifemakers and craftspeople.

damasteel.se
5Barmond (Special Steels) Ltd (UK)
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Authorized distributor for Damasteel products in the United Kingdom. Specializes in special steels for knife making.

damasteel.se
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Authorized distributor for Damasteel products in Australia. Provides artisan knife-making supplies including Damasteel steel.

7J Blunt Designs
Strategic tierStrategicTypeStrategic or Co-development Partner
Description

Long-term strategic partnership since 2012 with Joshua Blunt who creates hypoallergenic jewelry using Damasteel's stainless austenitic Damascus steel. J Blunt has created over 2,500 rings and jewelry pieces. The partnership includes pattern refinement, specialized etching development, and innovative stone-setting techniques. Josh Blunt helped develop Damasteel's pattern library specifically for jewelry applications.

damasteel.se
8Knife Talk Podcast
Strategic tierCoreTypeGTM or Marketing Partner
Description

Weekly knife-making podcast that serves as media partner for the Damasteel Chef Invitational. Records live shows during DCI events and interviews each maker. Provides platform for maker stories and product education. The podcast helps select Buildalong challenge winners.

damasteel.se
Strategic tierStrategicTypeStrategic or Co-development Partner
Description

Master swordsmith collaborated with Damasteel on the HBO House of the Dragon Valyrian steel sword project. Created Dark Sister and Blackfyre swords for the Targaryen family using Damasteel steel.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Swedish specialty steel and mining technology group; geographic peer to Damasteel and broadly overlapping in specialty cutlery/tooling steel, though operating at vastly larger scale and broader scope.

TypeOthers
Description

Major US knife OEM that uses Damasteel steel and competing Damascus-pattern steels in premium folders and fixed blades; functions as a customer/ecosystem participant rather than a direct steel-making competitor.

TypeDirect peer
Description

German knife and tool manufacturer with proprietary Damascus steel production lines targeting the same premium stainless Damascus cutlery segment as Damasteel.

TypeOthers
Description

Premium US knife manufacturer featuring Damasteel Damascus steel in select and limited-edition knives; a key downstream customer and brand amplifier rather than a direct steel producer competitor.

TypeDirect peer
Description

US specialty steelmaker pioneering particle metallurgy (CPM-S35VN, CPM-154, Damascus-pattern products) for cutlery and industrial markets, with overlapping technology stack and customer base to Damasteel.

TypeBroad incumbent
Description

Large US specialty alloy producer serving aerospace, medical, energy, and cutlery markets with a much broader portfolio than Damasteel but overlapping premium steel customers.

7Devin Thomas Damascus
TypeDirect peer
Description

US-based custom Damascus steelmaker producing stainless and carbon pattern-welded steel for cutlery and jewelry; smaller scale than Damasteel but directly competing in stainless Damascus.

TypeDirect peer
Description

Austrian specialty steelmaker with a broad Damascus-pattern steel portfolio serving premium cutlery, tooling, and industrial customers; competes head-on with Damasteel in PM stainless Damascus.

9Takefu Special Steel Co., Ltd.
TypeDirect peer
Description

Japanese specialty steelmaker producing powder-metallurgy cutlery steels (SG2, VG-10) with Damascus-pattern options for the same custom knife maker and OEM cutlery customer base as Damasteel.

TypeBroad incumbent
Description

Major Japanese specialty materials manufacturer with significant steel and powder-metallurgy portfolio serving industrial and consumer markets; broader but adjacent to Damasteel's specialty PM cutlery space.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers11 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Damasteel

Specialty Steel Manufacturingdamasteel.se

Damasteel firmographics

Firmographics
Name
Damasteel
Legal name
Damasteel AB
Website
https://damasteel.se
Company type
Private
Founded year
1995
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Damasteel industry classification

Industry
Product category
Specialty Steel Manufacturing
NAICS
Custom Roll Forming (332114)
SIC
Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)
akta.pro primary industry
Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG)

Keywords

  • Stainless damascus steel
  • Powder metallurgy steel
  • Patterned steel alloys
  • Knife maker materials
  • Specialty steel manufacturing

Where Damasteel is headquartered

Location

Headquarters

HQ city
Söderfors
HQ country
Sweden
HQ region
Europe

Offices1 record

Markets served

Damasteel business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Stainless Damascus Steel Products: Damasteel generates revenue through the sale of proprietary stainless Damascus patterned steel products including flat bars, round bars, and sheets. Products are sold directly through their webshop and through a global network of authorized distributors. The company offers various steel alloys (DS93X, DS95X, Damacore, RWL34, DS92X, DS96X) and multiple pattern options.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Damasteel product offering

Product offering

Core offering

Damasteel manufactures stainless Damascus-patterned steel products — flat bars, round bars, and sheets — using its patented powder metallurgy and Solid Steel Technology. The company sells proprietary steel grades (DS93X, DS95X, Damacore DC18N/DC21R, RWL34, DS92X, DS96X) across 30+ Damascus patterns inspired by Norse mythology, supplying custom knifemakers, jewelers, watchmakers, EDC gear makers, and gunmakers globally.

Differentiator

Problem solved

Functional benefit

Products and services

  • Damasteel DS93X Martensitic Damascus Patterned Steel Best overall performing stainless Damascus patterned steel combining corrosion resistance with superior strength, produced via patented powder metallurgy with Solid Steel Technology for inclusion-free homogenous product. Used by custom knifemakers for culinary, outdoor, and folding knives.
  • Damasteel DS95X Austenitic Damascus Patterned Steel

Quantifiable outcome

  • World leader in stainless Damascus steel with 30+ years of innovation
  • +1 more outcomes

Companies that use Damasteel

Customer profile

Named customers11 records

Segments6 records

Ideal customer profiles5 records

Damasteel technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

Damasteel partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered flagship, core and strategic.

  • Victorinox x adidasflagshipStrategic or Co-development Partner · 6 July 2022Damasteel's Vinland pattern was featured on a limited edition collaboration between Victorinox and adidas. The silver shiny Damasteel pattern perfectly matched the Victorinox red used for the sneaker detail. The release included a matching pair of kicks and collector's edition packaging. This was Damasteel's first major brand collaboration featuring their steel on lifestyle products.
  • HBO - House of the DragonflagshipStrategic or Co-development Partner · 1 January 2021Damasteel supplied Valyrian steel for HBO's House of the Dragon series, creating Dark Sister and Blackfyre swords for the Targaryen family. The collaboration included master swordsmith Peter Johnsson. The pattern used (Svavner) was launched in summer 2022 alongside the series premiere. This high-profile entertainment partnership significantly raised Damasteel's brand visibility globally.
  • Tru-Grit, Inc. (USA)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Damasteel products in the United States. Specializes in knife-making supplies and provides Damasteel steel to American makers and craftsmen.
  • Maritime Knife Supply (Canada)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Damasteel products in Canada. Provides Damasteel steel to Canadian knifemakers and craftspeople.
  • Barmond (Special Steels) Ltd (UK)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Damasteel products in the United Kingdom. Specializes in special steels for knife making.
  • Gameco - Artisan Supplies (Australia)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Damasteel products in Australia. Provides artisan knife-making supplies including Damasteel steel.
  • J Blunt DesignsstrategicStrategic or Co-development PartnerLong-term strategic partnership since 2012 with Joshua Blunt who creates hypoallergenic jewelry using Damasteel's stainless austenitic Damascus steel. J Blunt has created over 2,500 rings and jewelry pieces. The partnership includes pattern refinement, specialized etching development, and innovative stone-setting techniques. Josh Blunt helped develop Damasteel's pattern library specifically for jewelry applications.
  • Knife Talk PodcastcoreGTM or Marketing PartnerWeekly knife-making podcast that serves as media partner for the Damasteel Chef Invitational. Records live shows during DCI events and interviews each maker. Provides platform for maker stories and product education. The podcast helps select Buildalong challenge winners.
  • Peter Johnsson (Master Swordsmith)strategicStrategic or Co-development PartnerMaster swordsmith collaborated with Damasteel on the HBO House of the Dragon Valyrian steel sword project. Created Dark Sister and Blackfyre swords for the Targaryen family using Damasteel steel.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Damasteel competitors and assessment

Company assessment

Broad incumbents

  • Sandvik AB: Swedish specialty steel and mining technology group; geographic peer to Damasteel and broadly overlapping in specialty cutlery/tooling steel, though operating at vastly larger scale and broader scope.
  • Carpenter Technology Corporation: Large US specialty alloy producer serving aerospace, medical, energy, and cutlery markets with a much broader portfolio than Damasteel but overlapping premium steel customers.
  • Proterial (formerly Hitachi Metals): Major Japanese specialty materials manufacturer with significant steel and powder-metallurgy portfolio serving industrial and consumer markets; broader but adjacent to Damasteel's specialty PM cutlery space.

Others

  • Spyderco: Major US knife OEM that uses Damasteel steel and competing Damascus-pattern steels in premium folders and fixed blades; functions as a customer/ecosystem participant rather than a direct steel-making competitor.
  • Benchmade Knife Company: Premium US knife manufacturer featuring Damasteel Damascus steel in select and limited-edition knives; a key downstream customer and brand amplifier rather than a direct steel producer competitor.

Direct peers

  • Böker Knives: German knife and tool manufacturer with proprietary Damascus steel production lines targeting the same premium stainless Damascus cutlery segment as Damasteel.
  • Crucible Industries: US specialty steelmaker pioneering particle metallurgy (CPM-S35VN, CPM-154, Damascus-pattern products) for cutlery and industrial markets, with overlapping technology stack and customer base to Damasteel.
  • Devin Thomas Damascus: US-based custom Damascus steelmaker producing stainless and carbon pattern-welded steel for cutlery and jewelry; smaller scale than Damasteel but directly competing in stainless Damascus.
  • Voestalpine Böhler Edelstahl: Austrian specialty steelmaker with a broad Damascus-pattern steel portfolio serving premium cutlery, tooling, and industrial customers; competes head-on with Damasteel in PM stainless Damascus.
  • Takefu Special Steel Co., Ltd. Japanese specialty steelmaker producing powder-metallurgy cutlery steels (SG2, VG-10) with Damascus-pattern options for the same custom knife maker and OEM cutlery customer base as Damasteel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Damasteel social profiles

Digital presence

Damasteel financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Damasteel leadership team

Management profile

Number of profiles

Profiles1 record

Damasteel funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Damasteel M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Damasteel

What does Damasteel do?

Damasteel manufactures stainless Damascus-patterned steel products — flat bars, round bars, and sheets — using its patented powder metallurgy and Solid Steel Technology. The company sells proprietary steel grades (DS93X, DS95X, Damacore DC18N/DC21R, RWL34, DS92X, DS96X) across 30+ Damascus patterns inspired by Norse mythology, supplying custom knifemakers, jewelers, watchmakers, EDC gear makers, and gunmakers globally.

Is Damasteel a public or private company?

Damasteel is a private company. It is classified as family owned and is currently operating.

When was Damasteel founded?

Damasteel was founded in 1995. It employs 11 to 50 people.

Where is Damasteel based?

Damasteel is headquartered in Söderfors, Sweden, in the Europe region.

How does Damasteel make money?

One revenue line is on record: stainless Damascus Steel Products.

Who are Damasteel's main competitors?

Broad incumbents on record are Sandvik AB, Carpenter Technology Corporation and Proterial (formerly Hitachi Metals). Others are Spyderco and Benchmade Knife Company. Direct peers are Böker Knives, Crucible Industries, Devin Thomas Damascus, Voestalpine Böhler Edelstahl and Takefu Special Steel Co., Ltd..

Does Damasteel have an API?

No public API is recorded for Damasteel.

What industry is Damasteel in?

Damasteel's product category is Specialty Steel Manufacturing. Its primary akta.pro industry code is IMAKABAG, Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated). Its NAICS code is 332114 and its SIC code is 3310.

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