Noveon Magnetics (formerly Urban Mining Company), founded in 2014, is the developer of a proprietary magnet-to-magnet recycling process. Noveon’s magnets are designed to be ideal for motor and other applications where magnetic performance at elevated temperatures is important and can supply magnetic property data on request. Noveon Magnetics is headquartered in Austin, Texas.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/16/2023 | Series B-1 | $79MM | $xx.xx | $425.92MM | NGP, Aventurine Partners | |
Price per Share
$xx.xx
Shares Outstanding
5,484,092
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
NGP, Aventurine Partners
|
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03/31/2022 | Series B-2 | $22.09MM | $xx.xx | $286.47MM | Canadian Shield Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,916,689
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Canadian Shield Capital
|
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10/13/2014 | Series A | $20.86MM | $xx.xx | $52.14MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
9,269,523
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|