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Niron Magnetics

Niron develops a manufacturing process designed for the large-scale production of permanent magnets.
Other Materials 📍 Minneapolis, MN Founded 2014
Current Valuation
$591M
as of 2024-Q1
PRIVATE
Niron develops a manufacturing process designed for the large-scale production of permanent magnets.

Company Profile

Founded
2014
HQ
Minneapolis, MN
Employees
137
Total Raised
$107M
Last Round
Series D — $91M (Feb 2024)
IPO Status
private

Fundraising Status

Series D · $91M · 2y 4mo ago
privateTotal raised $107M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series D$91MFeb 2024$591M
AutomotiveEnergyInformation Technology
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q1. Refreshed quarterly.