Niron Magnetics

MaterialsSeries DMinneapolis, USnironmagnetics.com

Latest round

Series D

Last raised

Nov 2023

Total raised

$93M

Investors

6

About Niron Magnetics

Based in Minnesota, US, and founded in 2015 by Jian-Ping Wang (CSO) Niron Magnetics, Inc. operates as a materials science company that develops and manufactures permanent magnets that are used on electric motors and generators. In February 2024, Niron Magnetics, Inc. and Magna. The company engages in the development of Clean Earth Magnets®, eliminating environmentally harmful rare earth mining. Clean Earth Magnets® is tailored for diverse applications, from automotive to renewable energy industries.

Who invested in Niron Magnetics

6 investors across 3 rounds

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Funding rounds

  1. Series D

    Nov 8, 2023

    Amount

    $86M

    Investors

    Locked

  2. Series B

    Dec 14, 2016

    Amount

    $5M

    Investors

    Locked

  3. Series A

    Dec 1, 2014

    Amount

    $1.4M

    Investors

    Locked

Questions about Niron Magnetics

Who invested in Niron Magnetics?

Niron Magnetics has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Niron Magnetics raised?

Niron Magnetics has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Niron Magnetics last raise money?

Niron Magnetics's most recent round on record is a Series D, in Nov 2023.

What does Niron Magnetics do?

Based in Minnesota, US, and founded in 2015 by Jian-Ping Wang (CSO) Niron Magnetics, Inc.

Where is Niron Magnetics headquartered?

Niron Magnetics is headquartered in Minneapolis, US.

Which VCs invest in companies like Niron Magnetics?

Among active investors with capital left to deploy, Kimmeridge, GEF Capital Partners, S2G Ventures and EnCap Investments back materials companies at Niron Magnetics's stage. Their profiles are linked below.

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