MagIron
PrivateLast Round
Corporate Funding
Feb 28, 2026
Est. Valuation
$1.6B
Total Funding Raised
$5.65M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
MagIron is a mining and metals company that specializes in the processing of discarded waste materials from historical mining operations into high-grade iron ore concentrate to support the decarbonization of the US steel industry.
Sector
Frontier & Industrial Tech
Verticals
Advanced Materials, Clean Manufacturing
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
MagIron Comparables
Compare MagIron with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| North American Iron | 89% | |
| Mesabi Metallics Company | 80% | |
| NEMO Industries | 80% |
MagIron Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Corporate Funding | Feb 28, 2026 | ||||
| Corporate Funding | Jan 6, 2026 | ||||
| Early Funding | Jun 19, 2023 | ||||
| Convertible Debt | Jun 24, 2022 | ||||
| Private Placement | May 16, 2022 |
MagIron Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| CoTec Holdings Corp. | Private Placement, Corporate Funding, Early Funding, Convertible Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- Dec 31, 2025
Acquired a pellet plant near Reynolds, Indiana.
- Dec 22, 2025
Assessing feasibility of granulated pig iron production.
Recent news
Latest coverage and updates
- hiresJul 30, 2026
MagIron LLC was planning to hire Joe Nielsen as Chief Operating Officer on Jul 30th '26.
- hiresJul 30, 2026
MagIron LLC was planning to hire Joe as Chief Operating Officer on Jul 30th '26.
- hiresJul 30, 2026
MagIron LLC hired Joe Nielsen as Chief Operating Officer on Jul 30th '26.
- expands_facilitiesJul 30, 2026
MagIron LLC was planning to expand facilities to Indiana, United States, Northern America, Americas on Jul 30th '26.
- expands_facilitiesJul 30, 2026
MagIron LLC was planning to expand facilities to Minnesota, United States, Northern America, Americas on Jul 30th '26.
MagIron Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about MagIron's valuation, stock price, and market status.
Is MagIron a public or private company?
MagIron is a private company.
What is the current stock price of MagIron?
MagIron is a private company with no public stock price. No recent secondary market data is available.
How much is MagIron worth (valuation)?
MagIron's valuation is estimated at $150.5M based on funding round data.
Can I buy MagIron stock?
MagIron shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was MagIron's last funding round?
MagIron's most recent funding round was Early Funding on June 19, 2023.
Who are the main investors in MagIron?
Key investors in MagIron include CoTec Holdings Corp..
Will MagIron IPO soon?
No public IPO plans have been announced for MagIron.
How can I track MagIron secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor MagIron's secondary market activity and sign up for updates.