Minneapolis, MN · Founded 2014 · Privately Held (backing)
Developer of advanced magnetic materials designed to make permanent magnets. Niron Magnetics is based in Minneapolis, MN and was founded in 2014. It was valued at $3 billion at its later-stage round in Dec 2023, the last priced event on record. It has raised $107 million across 2 recorded rounds; the latest was a $90.6 million later-stage round in Dec 2023.
PMV mark · valuation
$3.0B
Oct 2026
Priced at
its later-stage round
Dec 2023
Total raised
$107.4M
Last round
Later Stage VC
Dec 2023
Team — not yet on record
No current team members for Niron Magnetics are on record yet. People surface from round filings, company disclosures, and coverage sessions.
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·The complete investor list: 31 names
·Watch Niron Magnetics: the Monday email on marks, rounds and moves
