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Noveon Magnetics Funding & Investors

Urban Mining Company develops a proprietary Magnet-to-Magnetärecycling process. UMC’s magnets are ideal for motor and other applications, where magnetic performance at elevated temperatures is important and can supply magnetic property data on request. It was founded in 2014 and headquartered in Austin, Texas.

noveon.co

Total Amount Raised: $100,000,000

Noveon Magnetics Funding Rounds

  • Series B

    $75,000,000

    Series B Investors

    Aventurine Partners
    Ngp Energy Capital Management
  • Series A

    $25,000,000

Funding info provided by Diffbot.