Portfolio company Niron Magnetics raised $21.3M to commercialize rare-earth-free magnets.
Niron Magnetics is a U
Niron Magnetics is a U.S.-based advanced manufacturing company commercializing the world’s first high-performance, rare-earth-free permanent magnets using Iron Nitride. They focus on scalable domestic alternatives to rare earth materials, engineered for industrial-grade performance and long-term reliability.