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Noveon Magnetics

San Marcos, United States

Noveon Magnetics manufactures EcoFlux rare earth permanent magnets that support electrification and low-carbon technology applications.

$215.0M raised
Jan 2026
Series C
ManufacturingRecyclingSustainability

Top Investors

NGP Energy Capital ManagementU.S. Department of DefenseOne Investment ManagementAventurine PartnersCanadian Shield Capital

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Frequently Asked Questions about Noveon Magnetics

How much funding has Noveon Magnetics raised?
Noveon Magnetics has raised $215.0M in total funding. The most recent round was Series C. The last funding was announced in January 2026.
Who are Noveon Magnetics's investors?
Noveon Magnetics's investors include NGP Energy Capital Management, U.S. Department of Defense, One Investment Management, Aventurine Partners, Canadian Shield Capital.
Where is Noveon Magnetics headquartered?
Noveon Magnetics is headquartered in San Marcos, United States.
What does Noveon Magnetics do?
Noveon Magnetics manufactures EcoFlux rare earth permanent magnets that support electrification and low-carbon technology applications.
What stage is Noveon Magnetics at?
Noveon Magnetics is at the Series C stage.
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Free to use in articles, research, and reference works. Stable URL — will not change. Data on this page last updated .

MLA
"Noveon Magnetics — Funding & Investors." VCBacked, January 19, 2026, https://www.vcbacked.co/company/noveon-magnetics. Accessed June 3, 2026.
APA
VCBacked. (2026). Noveon Magnetics — Funding & Investors. Retrieved June 3, 2026, from https://www.vcbacked.co/company/noveon-magnetics
Wikipedia (cite web)
{{cite web |title=Noveon Magnetics — Funding & Investors |url=https://www.vcbacked.co/company/noveon-magnetics |website=VCBacked |access-date=June 3, 2026}}

Profile data sourced and verified per the VCBacked methodology. Last funding round dated .

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