Noveon

Raised $215M in a Series C round, announced 20 January 2026.

Round

Noveon raised $215 million in Series C funding.

Amount
$215M
Stage
Series C
Announced
20 January 2026
Lead
One Investment Management
Use of funds
The capital will fuel significant growth of Noveon's domestic rare earth magnet manufacturing capacity.
Checked
Amount and date checked against the press source

Company

Manufactures sintered rare earth permanent magnets in the United States for automotive and defense customers.

Based in
San Marcos
Founded
2014
Sector
Other
Website
noveon.ai ↗

Founder

Sources and links

Source
Noveon Raises $215M Series C - Tectonic Defense news.google.com
Website
noveon.ai ↗
LinkedIn
Scott Dunn ↗
MediaBoost

Just raised?

MediaBoost gets your round in front of the press, future hires and your next investors.

Announce your round with MediaBoost