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$715.34M Raised in 43 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Niron Magnetics, Inc.

start up
United States - Minneapolis, Minnesota
  • 09/11/2023
  • Unknown
  • $33,000,000

Niron Magnetics is developing the world’s first advanced manufacturing process for the mass production of permanent magnets powered by its breakthrough material formulation. Niron’s proprietary Clean Earth Magnet™ technology based on Iron nitride enables magnets that possess inherently higher magnetization and can be produced at a lower cost compared to today’s rare-earth magnets and will enable a revolution in the design of new electric motors and generators.


Related People

Jonathan RowntreeFounder

Jonathan Rowntree United States - Minneapolis, Minnesota

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