San Marcos, TX · Founded 2014 · Privately Held (backing)
Manufacturer of sintered rare earth permanent magnets intended to serve the renewable power, medical, industrial automation, electric infrastructure and other industries. Noveon is based in San Marcos, TX and was founded in 2014. Its last reported valuation was $805 million in Jan 2026. It has raised $422 million.
Last reported valuation
$805.0M
Oct 2026
Priced at
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Total raised
$422.0M
Last round
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Team — not yet on record
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·The complete investor list: 11 names
·Watch Noveon: the Monday email on marks, rounds and moves
