M
MagREEsource
Offering a green metallurgical solution through short loop recycling of NdFeB magnets, to secure the supply of Rare Earth permanent magnets to European High-tech industries
About MagREEsource
MagREEsource is a pioneering company in the metallurgy sector, specializing in the production and recycling of rare earth magnets. These magnets are crucial for various green technologies, such as electric vehicles and wind turbines, which are essential for a decarbonized society. The company operates primarily within the European market, serving industries that require sustainable and locally-produced rare earth magnets.
Read full description
MagREEsource's business model revolves around the circular economy, which means they focus on recycling and reusing materials to minimize waste and environmental impact. Specifically, they collect end-of-life magnets and process them through an eco-friendly recycling method. This approach not only reduces the carbon footprint but also ensures a steady supply of critical materials, which is vital given the high international competition for these resources.
The company generates revenue by selling these recycled rare earth magnets to various industries that need them for manufacturing green technologies. By providing a local source of these materials, MagREEsource helps European industries reduce their dependency on international suppliers, thereby stabilizing their supply chains and reducing geopolitical risks.
In summary, MagREEsource is committed to promoting sustainable manufacturing practices and contributing to the sovereignty of critical materials for low-carbon technologies. Their innovative recycling process and focus on local production make them a key player in the green tech industry.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Grenoble, France
- Employees
- 44
- Open positions
- None listed
- Dealroom signal
- 84.4/100
- Sub-industry
- Waste Solution
- Sector
- Energy, Recycling, Mining Technologies, Spinout, Sustainable Development Goals, Magnets, Climate Tech, Circular Economy, Rare Earth, Energy and Greentech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jul 2025 | $25M | $101M | Innovacom · Bpifrance · L-Acoustics · Finindus | ↗ |
| EARLY VC✓Equity / VC | Jan 2023 | $5.5M | $22M | Finindus · EIT RawMaterials · Tangent Line Ventures | ↗ |
Growth signals
Latest recorded traffic for MagREEsource is 540 monthly website visits, up 315.4% over the last three months. MagREEsource's team grew 12.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A9 investors entered at this stage
Finindus
EIT RawMaterials
Tangent Line Ventures
Bpifrance
Innovacom
L-Acoustics
Groupe Pochet
BNP Paribas Développement
Crédit Agricole Alpes Développement
Other known investors5 additional known investors
CNRS Innovation
French National Centre for Scientific Research - CNRS
Institut Néel CNRS
Linksium
Business Angels Des Grandes Ecoles
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MagREEsource on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See MagREEsource’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.