Niron Magnetics has raised $148.6M across 2 funding rounds, plus 2 undated rounds.
Niron Magnetics secured $33 million from GM Ventures and Stellantis Ventures in 2023, adding to previous funding from Volvo Cars Tech Fund and making Niron backed by three leading automotive manufacturers. Up to $150 million more would come from a conditional Department of War loan to support construction and equipment for its Sartell, Minnesota manufacturing facility.
2 funding rounds, the latest highlighted.
Niron Magnetics was founded in 2015, United States.
No date is disclosed for this round.
Total funding of $214M including investors Samsung Venture, GM Ventures, and Volvo Cars. $90.6M raised, led by Samsung Venture Investment.
No filing has been made.
2 dated rounds, newest first.
Samsung VenturesLEADGGM VenturesLEADSSamsung Venture InvestmentLEADVVolvo CarsThe routes section explains what is realistically available for a company at this stage.
No. Niron Magnetics is a private company; its shares do not trade on a public exchange.
Lead investors for each round are in the funding timeline.
The closest materials science / advanced manufacturing peers are on the competitors page.
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