Vulcan Elements
Benson, US · Founded 2023 · Delaware corporation · 12 known investors
Vulcan Elements manufactures rare earth magnets for critical applications in defense, semiconductors, satellites, data centers, and industrial equipment. The company is building a Western supply chain focused on resilience and security for the U.S. and allied nations.
Advanced ManufacturingDefense TechNew Materials
Founders & leadership
Investors · 12
Big Brain HoldingsLos Angeles
Blindspot Ventures Management CoBoston
Dorm RoomBrooklyn · $90K – $250K
Duke Capital PartnersDurham
Fifth Down CapitalDover
Glynn Capital ManagementMenlo Park
JuniperoMiami
NVP CapitalNew York · $2M
The MBA Fund
Altimeter CapitalreportedMenlo Park · $1M – $25M
Newark Venture PartnersreportedNewark · $100K – $2M
XfundreportedPalo Alto · $50K – $500K
Reported raises · per SEC filings
Form D private placements▶$62.4MraisedAug 2025 · 13 investors · Other TechnologyRule 506(b)
▶$62.4MraisedAug 2025 · 13 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Daniel AronowitzDirector
- John MaslinExecutive Officer, Director
- Daniel BorokDirector
- Erik KriessmanDirector
- Offering amount
- $65M
- Amount sold
- $62.4M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$3.7MraisedNov 2024 · 2 investors · ManufacturingRule 506(b)
▶$3.7MraisedNov 2024 · 2 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Daniel AronowitzExecutive Officer, Director
- Daniel BorokDirector
- John MaslinExecutive Officer, Director
- Offering amount
- $3.7M
- Amount sold
- $3.7M
- First sale
- Oct 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$5.2MraisedDec 2023 · 11 investors · Other TechnologyRule 506(b)
▶$5.2MraisedDec 2023 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Daniel BorokDirector
- Dan AronowitzDirector
- John MaslinExecutive Officer, Director
- Offering amount
- $5.2M
- Amount sold
- $5.2M
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
- Governor Stein Announces Vulcan Elements Selects Johnston County for 1,000-Job Magnet Factory, Investing Nearly $1 Billion in the Town of Benson | NC Governorgovernor.nc.gov · 2025
- Sell or Invest in Vulcan Elements Stock Pre-IPOnasdaqprivatemarket.com · 2025
- Vulcan Elements Raises $65M in Series A Fundingfinsmes.com · 2025
- NC’s Vulcan Elements raises $65M to build rare earth magnets | Raleigh News & Observernewsobserver.com · 2025
- Vulcan Elements Announces $65 Million Series A, and Produces High-Performance Rare Earth Magnets in the United States - Vulcan Elementsvulcanelements.com · 2025