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Niron Magnetics Lands $33M Investment

2023-11-08
MINNEAPOLIS, MN, Niron Magnetics lands $33M Investment led by GM Ventures and Stellantis Ventures.
Niron Magnetics lands $33M Investment led by GM Ventures and Stellantis Ventures with additional help from Shakopee Mdewakanton Sioux Community (SMSC) and the University of Minnesota (UMN).

This new financing will allow Niron to expand its current pilot production facilities and scale manufacturing capacity for exclusive customer programs and initial sales of its Clean Earth Magnet®.
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