Niron Magnetics
Minneapolis, US · 5 known investors
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.
Advanced ManufacturingHardwareNew Materials
Founders & leadership
JR
Jonathan RowntreeCEO
Investors · 5
Also in the syndicate · 2
GM VenturesShakopee Mdewakanton Sioux Community
In the news
Niron Magnetics Iron Nitride Magnet Plant Fundingrareearthexchanges.com · Aug 2026
NIRON MAGNETICS RECEIVES $150 MILLION LOAN FROM THE SHAKOPEE MDEWAKANTON SIOUX COMMUNITY TO SUPPORT IRON NITRIDE MAGNET MANUFACTURINGprnewswire.com · Aug 2026
$150 million tribal loan advances Niron Magnetics' plan to build magnets without rare earth metals | MPR Newsmprnews.org · Aug 2026Frequently 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 are Niron Magnetics's investors?
- Niron Magnetics's investors include Stellantis Ventures, Anzu Partners, Artiman Ventures.
- Where is Niron Magnetics headquartered?
- Niron Magnetics is headquartered in Minneapolis, US.