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Posts Tagged: Niron Magnetics

Niron Magnetics raises $21 million to commercialize rare earth-free magnets

Niron Magnetics has raised $21.3 million in new financing from the Volvo Cars Tech Fund and Volta Energy Technologies. Existing investors include Anzu Partners and the University of Minnesota. Niron will use the funding to build a pilot production facility in Minnesota. Niron’s Clean Earth Magnet technology eliminates the need for rare earth minerals in… Read more »