About MagREEsource
MagREEsource is a company based in Grenoble (France) founded in 2020 by E Y Petit and Sophie Rivoirard. MagREEsource has raised $5.37 million across 1 funding round from investors including EIT RawMaterials, Finindus and Tangent Line. MagREEsource operates in a competitive market with competitors including Claros Technologies, ClearSign, JCCL, Nala Earth and Sunborne Systems, among others.
- Headquarter Grenoble, France
- Founders E Y Petit, Sophie Rivoirard
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Sectors
Environment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.37 M (USD)
in 1 rounds
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Latest Funding Round
$5.37 M (USD), Seed
Jan 12, 2023
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Investors
EIT RawMaterials
& 2 more
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Employee Count
Employee Count
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Funding Insights of MagREEsource
MagREEsource has successfully raised a total of $5.37M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.37 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $5.4M
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First Round
First Round
(12 Jan 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Seed - MagREEsource | Valuation |
investors |
Investors in MagREEsource
MagREEsource has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include EIT RawMaterials, Finindus and Tangent Line.
| Investor | Description | Founded Year | Domain | Location |
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Finindus is engaged in early stage and growth financing for industrial innovation.
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Mineral exploration and development innovations are fostered through collaborative communities.
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Founded Year | Domain | Location |
Investments & Acquisitions by MagREEsource
Financial Statements - MagREEsource
Magreesource Comparisons
Competitors of MagREEsource
MagREEsource operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Claros Technologies, ClearSign, JCCL, Nala Earth and Sunborne Systems, among others.
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Latest news on Magreesource
Frequently Asked Questions about MagREEsource
MagREEsource was founded in 2020 and raised its 1st funding round 3 years after it was founded.
MagREEsource is headquartered in Grenoble, France. It is registered at Grenoble, Auvergne-rhone-alpes, France.
MagREEsource is a funded company, having raised a total of $5.37M across 1 funding round to date. The company's 1st funding round was a Seed of $5.37M, raised on Jan 12, 2023.
MagREEsource was established in 2020 in Grenoble, France, as a deeptech firm focused on recycling rare earth magnets. Operations center on processing these materials to support the electrification and green technology industries. Key components are valorized to lower the carbon footprint associated with production. The company addresses supply chain needs in sustainable tech through specialized recovery methods.
MagREEsource's top competitors include Claros Technologies, ClearSign and Nala Earth.
MagREEsource has 3 investors. Key investors include EIT RawMaterials, Finindus, and Tangent Line.