Niron Magnetics
PrivateLast Round
Early Funding
Mar 30, 2026
Est. Valuation
$2.5B
Total Funding Raised
$160.4M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Niron Magnetics operates in Frontier & Industrial Tech and is based in Minneapolis, Minnesota. Its latest recorded funding round was a Grant round in October 2025.
Niron Magnetics is a materials science company that develops and manufactures rare-earth-free permanent magnets using iron nitride technology.
Sector
Frontier & Industrial Tech
Verticals
Advanced Materials, Clean Manufacturing, Electric Vehicles, Defense Tech, Consumer Electronics
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Niron Magnetics Comparables
Compare Niron Magnetics with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Noveon Magnetics | 80% | |
| Vulcan Elements | 76% | |
| Jl Mag Rare Earth Co Ltd | 73% |
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Niron Magnetics Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Mar 30, 2026 | ||||
| Grant | Oct 20, 2025 | ||||
| Grant | Jan 21, 2025 | ||||
| Strategic | Feb 20, 2024 | ||||
| Series C | Nov 8, 2023 | ||||
Grant | Nov 22, 2022 |
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Key People
Founding team and executive leadership
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Niron Magnetics Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Light Ray Ventures | Strategic |
| GM Ventures | Series C |
| Volta Energy Technologies | Series B |
| Magna International | Strategic |
| Stellantis Ventures | Series C |
| Samsung Venture Investment | Strategic |
| GM Ventures | Series C |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 10, 2026
Named a CES 2027 Innovation Awards Honoree for vehicle tech.
- Nov 10, 2026
Will exhibit at CES 2027 in Las Vegas.
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Recent news
Latest coverage and updates
- recognized_asNov 10, 2026
Niron Magnetics is named a CES(R) 2027 Innovation Awards Honoree in the Vehicle Tech & Advanced Mobility category in Minnesota on Nov 10th '26, with the Consumer Technology Association recognizing its rare-earth-free Iron Nitride magnet technology through selection by an expert judging panel.
- attends_eventNov 10, 2026
Niron Magnetics plans to exhibit at CES 2027 in Booth 6652 at the Las Vegas Convention Center in Nevada on Jan 6th–9th '27.
- is_developingOct 5, 2026
Niron Magnetics is developing motor technology built around iron-nitride magnets as an alternative approach to reducing rare-earth dependence.
- attends_eventOct 2, 2026
Niron Magnetics is set to exhibit with Moog Inc. at the Association of the United States Army (AUSA) 2026 Annual Meeting and Exposition in the District of Columbia on Oct 12th-14th '26, showcasing joint work on rare-earth-free actuator solutions.
- is_developingSep 10, 2026
In Sep '26, Niron Magnetics was commercializing rare-earth-free Iron Nitride permanent magnets through a proprietary manufacturing platform while scaling manufacturing operations in Minnesota.
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Niron Magnetics 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 Niron Magnetics's valuation, stock price, and market status.
Is Niron Magnetics a public or private company?
Niron Magnetics is a private company.
What is the current stock price of Niron Magnetics?
Niron Magnetics is a private company, so its shares have no public market price. Caplight tracks Niron Magnetics's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Niron Magnetics worth (valuation)?
Niron Magnetics's valuation is estimated at $2.5B based on funding round data.
Can I buy Niron Magnetics stock?
Niron Magnetics shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Niron Magnetics's last funding round?
Niron Magnetics's most recent funding round was Early Funding on March 30, 2026.
Who are the main investors in Niron Magnetics?
Key investors in Niron Magnetics include GM Ventures, Volta Energy Technologies, Samsung Venture Investment, GM Ventures, Samsung Venture Investment.
Will Niron Magnetics IPO soon?
No public IPO plans have been announced for Niron Magnetics.
How can I track Niron Magnetics secondary market activity?
Caplight tracks bids, offers, and trades in Niron Magnetics's shares on secondary markets.