MagREEsource is a European startup that focuses on recycling NdFeB magnets to contribute to the circular economy. With a strong emphasis on green metallurgical solutions, the company aims to secure and diversify the supply of Rare Earth permanent magnets to the European high-tech industries. Founded in 2020 and headquartered in France, MagREEsource recently received a €5.00M Seed Round investment on 14 February 2023. The investors participating in this round include Finindus, Grenoble Angels - Oser l'entreprise, CIECH Ventures, European Union, Linksium, and EIT RawMaterials. With its pioneering approach and commitment to sustainability, MagREEsource presents an innovative solution in the field of NdFeB magnet recycling, holding significant promise in the European market.
MagREEsource
The Green Rare Earth Magnet Company. - A European pioneer in NdFeB magnet recycling
France
28 employees
Seed
Total: $5.00M
General Information
France
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France Market
About MagREEsource
Business keywords: NdFeB magnets, magnet recycling, Rare Earth metals, metallurgy, European, circulate economy, green technology, high-tech industries, sustainable
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | €5.00M | 6 |
|
14 Feb 2023 |
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FAQ About MagREEsource
Source: BounceWatch company record for MagREEsource, https://bouncewatch.com/company/mag-reesource, updated 30 December 2024. When citing, please name BounceWatch and link this page.
