Mass Magnetics Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 5

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Latest Deal Amount
  • $500K

  • Investors
  • 8

Mass Magnetics General Information

Description

Manufacturer of rare-earth permanent magnets intended for electric motors, robotics, defense, aerospace, and industrial applications. The company produces neodymium-iron-boron magnets from domestic and recycled rare-earth materials using machine-learning-based material sorting and rapid sintering processes, enabling manufacturers to source domestically produced magnets.

Contact Information

Formerly Known As
Perpetua Technologies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Columbus, IN
  • United States
Primary Industry
Electrical Equipment
Other Industries
Industrial Supplies and Parts
Other Commercial Services
Corporate Office
  • Columbus, IN
  • United States

Mass Magnetics Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Mass Magnetics Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Accelerator/Incubator 01-Jan-2026 $500K Completed Generating Revenue
5. Early Stage VC Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2025 Completed Generating Revenue
3. Seed Round 28-Jun-2022 Completed Generating Revenue
2. Accelerator/Incubator 01-Apr-2022 Completed Startup
1. Accelerator/Incubator Completed Startup
To view Mass Magnetics’s complete valuation and funding history, request access »

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Mass Magnetics Signals

Growth Rate

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Weekly Growth

Size Multiple

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Mass Magnetics Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Y Combinator Accelerator/Incubator Minority
US National Science Foundation Accelerator/Incubator
Elevate Ventures Venture Capital Minority
Founder Factor Venture Capital Minority
NZVC Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

Mass Magnetics FAQs

  • When was Mass Magnetics founded?

    Mass Magnetics was founded in 2021.

  • Where is Mass Magnetics headquartered?

    Mass Magnetics is headquartered in Columbus, IN.

  • What is the size of Mass Magnetics?

    Mass Magnetics has 5 total employees.

  • What industry is Mass Magnetics in?

    Mass Magnetics’s primary industry is Electrical Equipment.

  • Is Mass Magnetics a private or public company?

    Mass Magnetics is a Private company.

  • What is Mass Magnetics’s current revenue?

    The current revenue for Mass Magnetics is .

  • How much funding has Mass Magnetics raised over time?

    Mass Magnetics has raised $500K.

  • Who are Mass Magnetics’s investors?

    Y Combinator, US National Science Foundation, Elevate Ventures, Founder Factor, and NZVC are 5 of 8 investors who have invested in Mass Magnetics.

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