Vulcan Elements
Vulcan Elements manufactures permanent sintered neodymium-iron-boron magnets for critical defense and commercial uses. It maintains production using materials and equipment sourced from the United States and allied partners to ensure transparent and secure manufacturing. It operates a small-scale production and R&D facility in Durham, North Carolina, supporting Department of Defense programs and technology companies. It benefits from funding that supports expansion toward commercial-scale production capacity.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Round | Apr 3, 2026 | $430M | — |
| Round | Nov 3, 2025 | $50M | — |
| Series A | Aug 11, 2025 | $65M | $250M |
| Series A | Nov 1, 2024 | $3.7M | $29.7M |
| Seed | Dec 26, 2023 | $5.2M | $12.2M |
- ACAltimeter Capital
- DRDorm Room Fund
- WHWashington Harbour Partners
- FLFJ Labs
- HAHivers and Strivers
- UDU.S. Department of Commerce
- OIOne Investment Management
- IIIbex Investors
- NCnvp capital
- 1C1789 Capital
| Kind | Implied valuation | Price / share | Date |
|---|---|---|---|
| $1.7B | $92.63 | Oct 6, 2026 | |
| $1.7B | $92.63 | Oct 5, 2026 | |
| $1.7B | $92.63 | Oct 2, 2026 |
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Data as of Oct 16, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.
