Noveon
PrivateLast Round
Series C
Jan 19, 2026
Est. Valuation
$300M
Total Funding Raised
$344.8M
Company Overview
Noveon is a recycling and materials technology company that specializes in a magnet-to-magnet recycling system to produce neodymium magnets from scrap feedstocks, utilizing alternative raw materials to enhance the manufacturing of rare earth permanent magnets for improved performance at competitive prices.
Sector
Frontier & Industrial Tech
Verticals
Advanced Materials, Circular Economy, Defense Tech, Electric Vehicles, Renewable Energy
Business Model
B2B
Customer Profile
Hardware Sales, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Noveon Comps
Public and private peers based on sector, stage, and business model.
Noveon Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Jan 19, 2026 | ||||
| Series B | May 16, 2023 | ||||
| Grant | Jul 21, 2020 | ||||
| Series A | Jun 14, 2016 |
Key People
Founding team and executive leadership
Noveon Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| NGP Energy Technology Partners | Series B |
| U.S. Department of Defense | Grant |
| NGP Energy Capital | Series B |
| The Atmospheric Fund | Seed |
| One Investment Management | Series C |
| Aventurine Partners | Series B |
| Canadian Shield Capital | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 19, 2026
$215M round raised.
- Jan 6, 2026
Partnered with Kangwon Energy and LG Electronics for closed-loop recycling.
Noveon Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Noveon's valuation, stock price, and market status.