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Vulcan Elements

VE
Defense & MilitaryIndustrial & ManufacturingDefense & MilitaryCambridgeFounded 2023Website
#473 by valuationHype33

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.

Blended valuation$1.6B$1.6B secondary
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$1.7B
blended valuationfunding round
Nov 27, 2023$0Oct 5, 2026
All rounds
5 funding rounds, newest first.
RoundAnnouncedRaisedPost-money
RoundApr 3, 2026$430M—
RoundNov 3, 2025$50M—
Series AAug 11, 2025$65M$250M
Series ANov 1, 2024$3.7M$29.7M
SeedDec 26, 2023$5.2M$12.2M
Investors
14 investors across all rounds.
  • AC
    Altimeter Capital
  • DR
    Dorm Room Fund
  • WH
    Washington Harbour Partners
  • FL
    FJ Labs
  • HA
    Hivers and Strivers
  • UD
    U.S. Department of Commerce
  • OI
    One Investment Management
  • II
    Ibex Investors
  • NC
    nvp capital
  • 1C
    1789 Capital
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Secondary market activity
Recent buy and sell interest for Vulcan Elements shares on the secondary market.
KindImplied valuationPrice / shareDate
Bid$1.7B$92.63Oct 6, 2026
Quote$1.7B$92.63Oct 5, 2026
Quote$1.7B$92.63Oct 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.