North American Iron
PrivateLast Round
Follow-on Offering
Jun 28, 2026
Total Funding Raised
$10M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
North American Iron operates in Frontier & Industrial Tech and is based in Minot, North Dakota. Its latest recorded funding round was a Follow-on Offering round in June 2026.
North American Iron is an industrial manufacturing company that produces high-purity pig iron by processing reclaimed iron ore using natural gas-based technology.
Sector
Frontier & Industrial Tech
Verticals
Advanced Materials, Clean Manufacturing, Supply Chain, Circular Economy
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
North American Iron Comparables
Compare North American Iron with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Magnum Mining and Exploration Limited | 82% | |
| HyIron Green Technologies | 76% | |
| Cleveland-Cliffs Inc. | 75% |
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North American Iron Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Follow-on Offering | Jun 28, 2026 | ||||
| Debt | Mar 1, 2026 | ||||
| VC Round | Nov 1, 2025 | ||||
| VC Round | Sep 1, 2025 |
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Key People
Founding team and executive leadership
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North American Iron Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| O'Leary Ventures | VC Round |
| North Dakota Development Fund | VC Round |
| State of North Dakota | Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 28, 2026
Completed a follow-on offering round.
- Sep 1, 2025
O'Leary Ventures participated in a VC Round.
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Recent news
Latest coverage and updates
- invests_into_assetsOct 9, 2026
On Oct 9th '26, North American Iron LLC. proposes a $2B pig iron production facility near Minot, North Dakota, with state officials expecting to open its air permit for public comment within a month.
- expands_facilitiesOct 9, 2026
On Mar 11th '26, North American Iron LLC. plans to construct a proposed $2 billion pig iron production facility in North Dakota.
- expands_facilitiesSep 28, 2026
North American Iron LLC. wants to build a facility in North Dakota, as reported on Sep 28th '26.
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North American Iron 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.
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Frequently Asked Questions
Common questions about North American Iron's valuation, stock price, and market status.
Is North American Iron a public or private company?
North American Iron is a private company.
What is the current stock price of North American Iron?
North American Iron is a private company, so its shares have no public market price. Caplight tracks North American Iron's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is North American Iron worth (valuation)?
Valuation information for North American Iron is not publicly available.
Can I buy North American Iron stock?
North American Iron shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was North American Iron's last funding round?
North American Iron's most recent funding round was Follow-on Offering on June 28, 2026.
Who are the main investors in North American Iron?
Key investors in North American Iron include O'Leary Ventures, North Dakota Development Fund, State of North Dakota.
Will North American Iron IPO soon?
No public IPO plans have been announced for North American Iron.
How can I track North American Iron secondary market activity?
Caplight tracks bids, offers, and trades in North American Iron's shares on secondary markets.