The 12 closest competitors and alternatives to Niron Magnetics, Inc. among manufacturing companies — ranked by similarity to what Niron Magnetics, Inc. actually does, not by market-cap band.
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Niron Magnetics, Inc. is a manufacturing company headquartered in Minneapolis, Minnesota, United States. It develops and produces innovative, rare-earth-free Iron Nitride magnets.
Niron Magnetics, Inc. is a manufacturing company headquartered in United States. It has raised at least $139M across the 5 funding rounds on record. Its most recent funding round raised $90.6M in December 2023. Xcout tracks 8 named people at Niron Magnetics, Inc., including Jonathan Rowntree (Chief Executive Officer).
2 more named people on record for Niron Magnetics, Inc., with roles, board committees and tenure — see the full roster →
At least $139M raised across the 5 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| SEC Form D filing | $90.6M | — | |
| — | $33M | 7 named | |
| SEC Form D filing | $3.9M | — | |
| SEC Form D filing | $5M | — | |
| SEC Form D filing | $6.4M | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Niron Magnetics, Inc. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar manufacturing company
Neo Performance Materials Inc. is a global company that manufactures and sells a diverse range of specialized products, including rare earth elements, magnetic powders, various types of magnets, and functional materials based on rare metals. The company's operations are divided into three key segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench division focuses on producing magnetic powders essential for creating bonded and hot-deformed, fully dense neodymium-iron-boron magnets. These advanced powders are critical components in permanent magnets utilized across numerous applications, such as automotive motors, micro motors, traction systems, and sensing devices. The Chemicals and Oxides segment is responsible for the production and distribution of a wide array of industrial materials. These materials find application in automotive catalysts, petroleum refining and other chemical catalysis, magnet manufacturing, hybrid and electric vehicles, water treatment processes, consumer electronics, and more. The Rare Metals segment manages the sourcing, production, reclamation, refining, and marketing of high-temperature metals, including tantalum, niobium, hafnium, and rhenium, as well as electronic metals like gallium and indium. The output from this segment is used in high-performance super alloys for jet engines, medical imaging technology, wireless communications, LED lighting, flat panel displays, solar energy, steel additives, batteries, and various electronic applications. Founded in 1994, Neo Performance Materials Inc. is based in Toronto, Canada.
Similar manufacturing company
JL Mag Rare-Earth Co., Ltd. specializes in the research, development, manufacturing, and worldwide distribution of high-performance rare earth permanent magnetic materials. The company's primary offering consists of Neodymium Iron Boron (NdFeB) permanent magnets. These essential components are widely applied across various advanced industries, including new energy vehicles, automotive parts, energy-efficient variable-frequency air conditioning systems, wind power generation, consumer electronics (3C), robotics, industrial servo motors, sustainable elevator systems, and railway transportation. Established in 2008, JL Mag Rare-Earth Co., Ltd. is based in Ganzhou, China, and operates as a subsidiary of Jiangxi Ruide Venture Capital Co. Ltd.
Similar manufacturing company
Grinm Advanced Materials Co., Ltd., founded in Beijing, China, in 1999, specializes in the development, production, and distribution of sophisticated materials, primarily serving the nonferrous metals industry across China. The company's extensive product portfolio encompasses: Rare Earth (RE) Materials: This segment features RE magnetic materials, including permanent magnets, giant magneto-strictive, and magnetic refrigerant types. It also provides RE luminescent materials, such as aluminates, nitrides, silicofluorides, and metal halides. Furthermore, Grinm supplies various RE compounds, comprising oxides, salts, and composites offered in different purities, particle sizes, and microstructures, alongside anhydrous RE halides and Zr-based composite RE oxides like ScZr, YZr, and CeZr. The company also produces pure RE metals and a range of RE alloys, including DyFe, HoCu, Y-Al, and Er-Al. Optoelectronic and Biomedical Materials: Grinm manufactures optoelectronic film materials, which consist of high-purity metals, sputter targets, and evaporation materials crucial for the electronic information industry. Its biomedical offerings include SMA vascular stent-grafts, archenteric stents, correction devices for pectus excavatum, and orthodontic equipment. Specialty Metals and Optical Materials: The company also provides rare and precious metals, along with high-purity materials for optical fiber applications, such as GeCl4 and SiCl4. Their infrared optical materials range from standard and multispectral ZnS and CVD ZnSe to chalcogenide glasses, complemented by various optical polishing and coating solutions. Additionally, Grinm delivers photoelectric materials, including HB-GaAs, germanium and GaP monocrystals, GaAs monocrystals, infrared optical germanium monocrystals, and dislocation germanium monocrystals. In addition to its material production, Grinm Advanced Materials Co., Ltd. offers technology consulting services.
Similar manufacturing company
Earth-Panda Advanced Magnetic Material Co.,Ltd. is a Chinese enterprise specializing in the research, development, production, and distribution of rare-earth permanent magnetic materials. Their product portfolio includes various magnet types, such as sintered Neodymium Iron Boron (NdFeB), bonded NdFeB, rubber, and Samarium Cobalt (SmCo) magnets. These advanced materials are essential components across a broad spectrum of industries, including information technology, national defense, automotive, wind energy generation, diverse electric motors, instruments, medical devices, and magnetic machinery. Established in 2003 and headquartered in Hefei, China, the company also exports its products globally to approximately 20 countries and regions, including key markets in Europe, the United States, South Korea, and Japan.
Similar manufacturing company
GreenIron H2 AB is a metal technology company headquartered in Sweden. The company delivers reduction and recycling as a service.
Similar manufacturing company
Hertha Metals Inc. is a venture-backed manufacturing startup developing advanced technology and novel solutions to modernize iron and steel production.
Similar manufacturing company
Baotou Tianhe Magnetics Technology Co., Ltd. is a manufacturer and supplier of high-performance rare earth permanent magnetic materials, including NdFeB (neodymium iron boron) and SmCo (samarium cobalt) magnets. The company serves clients in industries such as new energy vehicles, wind power, consumer electronics, industrial manufacturing, and robotics.
Similar manufacturing company
REalloys Inc. plays a crucial role in fortifying the domestic supply chain for rare earth elements and their associated magnetic products. Its comprehensive operations span the entire value chain, from reclaiming materials through recycling and extracting them via mining, to oxide generation, subsequent metallization, alloy creation, and final magnet fabrication. This enterprise commenced operations on October 4, 2011, and operates from its corporate base in Boca Raton, Florida.
Similar manufacturing company
Solcoa produces rare earth metals, such as neodymium-praseodymium and samarium, used in electric motors, generators, and speakers. Utilizing proprietary chemistry and in-house reactors, the company manufactures these metals in America for industrial and defense applications.
Similar manufacturing company
Qingdao Yunlu Advanced Materials Technology Co., Ltd. manufactures advanced soft-magnetic materials, including amorphous and nanocrystalline alloy ribbons, cores, and related magnetic components. Its products serve power distribution, transformers, power electronics, and other electrical and electronic equipment manufacturers.
Similar manufacturing company
Permanent Magnets Limited is an Indian manufacturer of permanent magnets and magnetic assemblies, including products used in motors, meters, speakers, automotive components, and other industrial applications. It serves original equipment manufacturers and industrial customers requiring magnet-based components.
Similar manufacturing company
GRIPM Advanced Materials Co., Ltd. engages in the design, research and development, production, and sales of advanced non-ferrous metal powder materials in China and internationally. It offers copper-based metal powder materials, microelectronic interconnect materials, and 3D printing powder materials, as well as electrolytic copper, atomized copper, copper alloy, tin, infiltration copper, FeCu pre-alloy, fine pre-alloyed, fine copper and cobalt, and CuSn diffusion powders. Its products are used in powder metallurgy, superhard tools, microelectronic interconnect packaging, friction materials, catalysts, electrical alloys, electrical carbon products, conductive materials, thermal management materials, 3D printing, and other applications. GRIPM Advanced Materials Co., Ltd. was founded in 2004 and is headquartered in Beijing, China.
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