Niron Magnetics specializes in producing high-performance, rare-earth-free permanent magnets utilizing Iron Nitride technology.
Niron Magnetics has raised $10.0M in total funding. The most recent round was Grant. The last funding was announced in October 2025.
Niron Magnetics's investors include Anzu Partners, US Department of Energy, Magna International, Stellantis Ventures, Volta Energy Technologies.
Niron Magnetics is headquartered in Minneapolis, United States.
Niron Magnetics specializes in producing high-performance, rare-earth-free permanent magnets utilizing Iron Nitride technology.
Niron Magnetics is at the Grant stage.
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"Niron Magnetics — Funding & Investors." VCBacked, October 20, 2025, https://www.vcbacked.co/company/niron-magnetics. Accessed July 19, 2026.
VCBacked. (2025). Niron Magnetics — Funding & Investors. Retrieved July 19, 2026, from https://www.vcbacked.co/company/niron-magnetics
{{cite web |title=Niron Magnetics — Funding & Investors |url=https://www.vcbacked.co/company/niron-magnetics |website=VCBacked |access-date=July 19, 2026}}Profile data sourced and verified per the VCbacked methodology · Last funding round dated