Niron Magnetics Secures Funding from Samsung Ventures, Allison Transmission and Magna to Accelerate Production of Rare Earth-Free Magnets
February 20, 2024 09:08 AM Eastern Standard Time MINNEAPOLIS–(BUSINESS WIRE)–Niron Magnetics, the company pioneering the world’s first high-performance, rare earth-free permanent magnets, today announced it has received $25 million in new strategic funding. This round…