Noveon Magnetics

Domestic sintered NdFeB rare-earth permanent magnet manufacturer.

ManufacturingSeries C+

San Marcos, TX

Founded

2014

Employees

51-200

Total Raised

$422M

Last Round

Series C+

Last Round Date

Jan 2026

Founders

Scott Dunn, Peter Afiuny, Catalina Oana Tudor, Miha Zakotnik

Noveon Magnetics is a manufacturing company based in San Marcos, TX, founded 2014. The company is at the Series C+ stage, having raised $422M, with 51-200 employees.

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