Fundraising FoxMagplasma
Brighton, US · 1 known investors
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MagPlasma develops plasma-based technologies that replace conventional heat and chemical processes in applications including air purification, sterilization, and material processing. The company targets industries seeking cleaner and more energy-efficient alternatives to traditional methods.
Founders & leadership
MT
JC
Jane CozzarelliCFO
Board
SP
Spencer PughBoard Member, R&D Committee Leader
Investors · 1
Michigan Riselisted by Michigan RiseEast Lansing · $50K – $150K
How we know: the VCSheet dataset · Not right? Tell us
Non-dilutive funding · 2 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of Homeland Security | Phase II | 2022 | $997.2K |
| Department of Homeland Security | Phase I | 2021 | $148.8K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Magplasma do?
- MagPlasma develops plasma-based technologies that replace conventional heat and chemical processes in applications including air purification, sterilization, and material processing. The company targets industries seeking cleaner and more energy-efficient alternatives to traditional methods.
- Who are Magplasma's investors?
- Magplasma's investors include Michigan Rise.
- Where is Magplasma headquartered?
- Magplasma is headquartered in Brighton, US.