Funding news
HIT Mag logo

HIT Mag Secures $1.6M Investment

Recently funded · $1.6M UnknownManufacturingFRView source

Get the full HIT Mag company profile

Access contacts, investors, buying signals & more

Open in Dashboard

The drive for sovereign, eco-friendly manufacturing in Europe just gained new momentum. HIT Mag, an industrial startup developing permanent magnets without rare-earth materials, has secured $1.6M in funding to advance its mission.

The company promises to produce innovative, high-performance magnets in Europe at prices competitive with Asian alternatives. Leveraging a dual innovation in both material and process, HIT Mag aims to change the paradigm of permanent magnet production and usage, offering more sustainable solutions to the market.

Other France companies recently funded

View all

Biggest recent Manufacturing rounds

Largest funding rounds in Manufacturing on Signalbase right now.

#CompanyAmount
1
Vale logo

Vale

Brazil

$18.0B
2
Tower Semiconductor logo

Tower Semiconductor

Israel

$10.0B
3
XAL logo

XAL

Austria

$6.0B
4
Texas Instruments logo

Texas Instruments

United States

$6.0B
5
SANDSTONE DESIGNS INC logo

SANDSTONE DESIGNS INC

United States

$6.0B

Other recent Unknown rounds

Companies that recently closed a Unknown round.

#CompanyAmount
1
R logo

R

Spain

$1.6M
2
Rematch U.S. logo

Rematch U.S.

$3.0M
3
Fund Street Technologies logo

Fund Street Technologies

United States

$45.5M
4
Edenred Ventures logo

Edenred Ventures

United Kingdom

$20.0M
5
Trevel logo

Trevel

India

$1.0M