MagREEsource
French tech company | Builders Republic
About
Industrial deeptech and CNRS spin-off recycling rare-earth permanent magnets through a magnet-to-magnet process — using hydrogen instead of acids to recover magnet powder from end-of-life magnets and remanufacture new ones in France, securing local supply of the magnets used in electric motors, wind turbines and defense.
Key facts
- Status
- Active
- Sectors
- Climate, Cleantech & Energy
- Latest stage
- Series A
- Founded
- 2020
- City
- NOYAREY
- Region
- Auvergne-Rhône-Alpes
- Tracked rounds
- 2
- Amount raised
- 27 M€ raised since 2020
Funding rounds
- Series A — 2025
- Seed — 2023
Investors
- BNP Paribas Développement
- Bpifrance SPI
- C2AD
- Ciech Ventures
- EIT RawMaterials
- Finindus
- Groupe Pochet
- Kyoseil AM
- L-Acoustics
- Rhône Dauphiné Développement
- TangentLine
- Turenne Capital
- UI Investissement