/Companies

Niron Magnetics

Minneapolis, US · Founded 2013 · 7 known investors

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Niron Magnetics is a U.S.-based advanced manufacturing company producing rare-earth-free permanent magnets made from Iron Nitride, operating the full production chain from feedstock to finished magnets. Its magnets target industrial applications such as electric motors and electrified systems.

Founders & leadership

Niron Magnetics was founded in 2013 by Jianping Wang.

JW
Jianping WangFounder
JRJonathan Rowntree
Jonathan RowntreeCEOCEO of Niron Magnetics, an advanced manufacturing company producing rare-earth-free permanent magnets. Rowntree has led growth and scaling initiatives in advanced materials businesses from development through commercialization.
FT
Francis ThibodeauExecutive

Board

ASAmit Shah
Amit ShahBoard directorPartner at Artiman Ventures

Investors · 7

Also in the syndicate · 2

GM VenturesShakopee Mdewakanton Sioux Community

Reported raises · per SEC filings

Form D private placements

$106M disclosed across 4 of 5 rounds · 2016–2026

▶$90.6MraisedMar 2024 · 81 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Amit ShahDirector
  • Lawrence BurnsDirector
  • David MichaelDirector
  • Donald RosenbergDirector
  • Jonathan RowntreeExecutive Officer, Director
  • Jimmy KanDirector
  • Steve BullockDirector
Offering amount
$92.4M
Amount sold
$90.6M
First sale
Dec 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.9MraisedSep 2019 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • JIANPING WANGDirector
  • DAVID SELDINDirector
  • LEONARD A. BLACKBURNExecutive Officer, Director, Promoter
  • AMIT SHAHDirector
Offering amount
$3.9M
Amount sold
$3.9M
First sale
Sep 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedDec 2016 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David SeldinDirector
  • Jianping WangDirector
  • Francis ThibodeauExecutive Officer, Director
  • Amit ShahDirector
Offering amount
$5M
Amount sold
$5M
Minimum investment
$5M
First sale
Dec 2016
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.4MraisedJun 2016 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jianping WangDirector
  • Francis ThibodeauExecutive Officer, Director
  • Amit ShahDirector
Offering amount
$7M
Amount sold
$6.4M
Minimum investment
$17.8K
First sale
Jun 2016
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Niron Magnetics do?
Niron Magnetics is a U.S.-based advanced manufacturing company producing rare-earth-free permanent magnets made from Iron Nitride, operating the full production chain from feedstock to finished magnets. Its magnets target industrial applications such as electric motors and electrified systems.
Who founded Niron Magnetics?
Niron Magnetics was founded by Jianping Wang in 2013.
Who are Niron Magnetics's investors?
Niron Magnetics's investors include Stellantis Ventures, Anzu Partners, Artiman Ventures, Light Ray, Western Digital Capital.
How much funding has Niron Magnetics raised?
Niron Magnetics has disclosed $106M raised across 4 of its 5 known rounds.
Where is Niron Magnetics headquartered?
Niron Magnetics is headquartered in Minneapolis, US.