MagREEsource

Raised $27M in a Series A round, announced 25 July 2025.

Total raised: $27M

Latest round Series ACountry FranceSector Climate & Energy

Round

$27MSeries A, 25 July 2025

Funds the second-generation process and design of the 2028 MagFactory plant.

Amount: $27M
Stage: Series A
Announced: 25 July 2025
Lead: Fonds SPI 2 (Bpifrance, France 2030)
Other investors: FININDUS, Innovacom, BNP Paribas Developpement, L-Acoustics, Groupe Pochet
Use of funds: Funds the second-generation process and design of the 2028 MagFactory plant.
Checked: Amount and date matched across 3 press sources
Sources: Deeptech industrielle dans la métallurgie des Terres Rares, MagREEsource lève 23 millions d'euros pour dévelop lejournaldesentreprises.com
Deeptech industrielle dans la métallurgie des Terres Rares, MagREEsource lève 23 millions d'euros pour dévelop presse.bpifrance.fr
Deeptech industrielle dans la métallurgie des Terres Rares, MagREEsource lève 23 millions d'euros pour dévelop siliconcanals.com

Company

Makes permanent magnets from recycled rare earths using a low-carbon process

Based in: Noyarey, France
Sector: Climate & Energy
Website: magreesource.com ↗

Questions

How much has MagREEsource raised?

MagREEsource raised $27M in a Series A round, announced on 25 July 2025.

Who invested in MagREEsource?

Fonds SPI 2 (Bpifrance, France 2030) led. Investors include Fonds SPI 2 (Bpifrance, France 2030), FININDUS, Innovacom, BNP Paribas Developpement, L-Acoustics and Groupe Pochet.