Vulcan Elements

Cambridge, MA · Founded 2023 · Privately Held (backing)

Manufacturer of rare earth magnets intended to create the critical magnets that will electrify highways and power offshore wind turbines. Vulcan Elements is based in Cambridge, MA and was founded in 2023. It was valued at $200 million at its early-stage round in Aug 2025, the last priced event on record. It has raised $505 million across 3 recorded rounds; the latest was a $62.4 million later-stage round in Aug 2025.

PMV mark · valuation
$200.0M
Oct 2026
Priced at
its early-stage round
Aug 2025
Total raised
$504.6M
Last round
Later Stage VC
Aug 2025

Vulcan Elements key facts

as of Oct 2026
  • Manufacturer of rare earth magnets intended to create the critical magnets that will electrify highways and power offshore wind turbines.
  • Vulcan Elements is valued at approximately $200.0M as of Oct 2026, set at its early-stage round, Aug 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $504.6M across 3 recorded rounds; the latest was Later Stage VC ($62.4M) in Aug 2025.
  • Notable investors include FJ Labs, Dorm Room Fund, Harvard Innovation Launch Lab, 9Yards Capital Management, The MBA Fund — 14 tracked in total.
  • 3 investment vehicles were formed to buy Vulcan Elements shares in the last 12 months, reporting $7.4M sold to 166 investors, per SEC Form D filings.
  • Vulcan Elements has filed 3 Form Ds with the SEC since 2023, most recently Aug 2025 ($62.4M sold to 13 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$200.0M

Valued at $200.0M at its early-stage round, Aug 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Vulcan Elements funding rounds

3 rounds
Aug 2025Later Stage VC$62.4MSEC filing▮
Oct 2024Seed Round$3.7MSEC filing▮
Dec 2023Early Stage VC$5.2MSEC filing▮

Vehicles formed to buy Vulcan Elements shares

secondary demand · SEC Form D filings

In the last 12 months, 3 investment vehicles were formed to buy Vulcan Elements shares, reporting $7.4M sold to 166 investors across 3 sponsors. Most recent filing Mar 2026.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 3 vehicles →

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Vulcan Elements leadership

Vulcan Elements valuation

Vulcan Elements was valued at $200 million at its early-stage round in Aug 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Vulcan Elements raised?

Vulcan Elements has raised $505 million in total; 3 of its rounds are on record, from 2023 on. The largest on record was a $62.4 million later-stage round in Aug 2025.

Vulcan Elements has filed 3 Form Ds with the SEC since 2023, most recently in Aug 2025 ($62.4 million sold to 13 investors).

Institutional holders and vehicles

In the last 12 months, 3 investment vehicles were formed to buy Vulcan Elements shares, reporting $7.4 million sold to 166 investors across 3 sponsors, per SEC Form D filings (most recent Mar 2026).

Vulcan Elements investors

14 investors are on record for Vulcan Elements, including FJ Labs, Dorm Room Fund, Harvard Innovation Launch Lab and 9Yards Capital Management. By type, the record holds 8 venture capital firms and 2 growth equity firms. The later-stage round in Aug 2025 drew 13 investors.

Who runs Vulcan Elements

8 people are listed on the Vulcan Elements team: 3 executives and 5 board members, including Piotr Kulik (Chief Technology Officer) and Jake Bowles (Chief Operating Officer). 8 of them have a verified direct contact on file.

About Vulcan Elements

Manufacturer of rare earth magnets intended to create the critical magnets that will electrify highways and power offshore wind turbines. The company focuses on building low-carbon emission manufacturing facilities, allowing it to build the key military capabilities that keep communities safe for a secure and sustainable future, enabling clients to change the way of electrifying the next generation of aerospace, defense, and auto, securing supply chains, and decarbonizing along the way.

Sector
Business Products and Services (B2B)
HQ
Cambridge, MA, United States
Founded
2023
Employees
30
Ownership
Privately Held (backing)

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