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

Who backs Vulcan Elements?

14 investors
InvestorType
FJ LabsVenture capital
Dorm Room FundOther
Harvard Innovation Launch LabOther
9Yards Capital ManagementGrowth equity
The MBA FundVenture capital
Altimeter Capital ManagementVenture capital
Washington HarbourVenture capital
nvp capitalVenture capital
XfundVenture capital
Ibex InvestorsVenture capital
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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.

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