Niron Magnetics (Strategic)

Funding Details
Awarder
SemiNews
Date Award
February 20, 2024
Vertical
Clean Energy
Funding URL
View Funding Page

Company Info
Organizations Involved
Samsung Ventures, Allison Transmission, Magna, Shakopee Mdewakanton Sioux Community, University of Minnesota, GM Ventures, Stellantis Ventures, Volvo Cars Tech Fund
Founders
Jonathan Rowntree
Company Description
Niron develops a manufacturing process designed for the large-scale production of permanent magnets.
Market
Consumer Electronics, Transportation, Audio Technology
Location
Minneapolis, MN, US
Coinvestors
Samsung Ventures, Allison Transmission, Magna, Shakopee Mdewakanton Sioux Community, University of Minnesota

Links
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