N
Noveon
Engineering and Manufacturing Equipment · San Marcos, United States · Founded 2014
Developer of the proprietary Magnet-to-Magnet recycling process MoreLess
Noveon is a pioneering startup that is revolutionizing the magnet industry with its next-generation EcoFlux magnets. The company operates in the energy sector, specifically focusing on the production of rare earth magnets, which are crucial for the electrification of various industries. Noveon's primary clients are businesses that require high-efficiency, low-carbon energy production solutions, and those seeking to adapt to the increasing demand for electrification.
The company's business model is centered around the production and supply of EcoFlux magnets, which are designed to be more powerful and efficient than traditional rare earth magnets. These magnets are produced using a unique technology that requires less than 10% of the energy used in traditional mining and manufacturing, making them a more sustainable choice. This not only reduces the environmental impact but also addresses the problem of supply chain volatility caused by the U.S.'s dependence on China for rare earth magnet production.
Noveon's revenue is generated through the sale of these EcoFlux magnets to businesses. The company's mission is not just to develop a better magnet, but to do so responsibly, addressing the environmental and human health issues associated with traditional manufacturing methods.
In summary, Noveon is a forward-thinking company that is addressing the growing demand for energy and the need for sustainable production methods. It is doing this by producing high-performance, low-carbon magnets that are set to change the way we electrify the world.
Keywords: EcoFlux magnets, electrification, energy production, rare earth magnets, sustainable manufacturing, supply chain volatility, high-efficiency, low-carbon, energy demand, magnet industry.
Company overview
Noveon company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2014
- Headquarters
- San Marcos, United States
- Employees
- 95
- Open positions
- 45
- Dealroom signal
- 90.7
Valuation & funding
Noveon funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jan 2026 | $215M | $860M | OneIM | ↗ |
| SERIES BOther financing | May 2023 | $75M | $300M | NGP Energy Capital · NGP Energy Capital Management · Aventurine Partners | ↗ |
| SERIES AOther financing | Jun 2016 | $25M | $100M | Undisclosed | — |
Growth signals
Noveon website traffic
Latest recorded traffic for Noveon is 4.3K monthly website visits, down 89% over the last three months. Noveon's team grew 17.3% over the past year.
Hiring
Open positions at Noveon
Current openings linked to this company in Dealroom.
Comparisons
Noveon compared with similar companies
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Talent graph
Noveon's talent
Source: Dealroom Talent Intelligence.
Investors
4 investors on Noveon's cap table
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Global footprint
Where Noveon has talent and traffic
team presence
In the news
Latest news about Noveon
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Market sentiment
What the market is saying about Noveon
An AI-synthesized read of the highest-engagement posts about Noveon on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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
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