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 operates in Frontier & Industrial Tech and is based in Gilbert, Minnesota. Its latest recorded funding round was a Corporate Funding round in February 2026.
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
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% |
For institutional investors. Book with your work email.
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 |
For institutional investors. Book with your work email.
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.
For institutional investors. Book with your work email.
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.
Book a demoFor institutional investors. Book with your work email.
Frequently 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, so its shares have no public market price. Caplight tracks MagIron's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is MagIron worth (valuation)?
MagIron's valuation is estimated at $1.6B 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.
When was MagIron's last funding round?
MagIron's most recent funding round was Corporate Funding on February 28, 2026.
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 in MagIron's shares on secondary markets.