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Magnus Metal

Manufacturing and Technology ~260 employees
Founded
--
Employees (Est.)
~260
13 leaders known
Total Funding
$74.0M
Funding Rounds
1
Last Funding
2024-04-18

About Magnus Metal

Magnus Metal is a company focused on revolutionizing metal casting through its innovative Digital Casting™ technology. The company addresses market deficiencies in traditional metal casting such as labor shortages, supply chain disruptions, waste, and environmental concerns, while introducing advanced capabilities aligned with Industry 4.0 standards.

Products & Services

Digital Casting™:A transformative metal casting solution that offers a single process from R&D to volume production, eliminates the need for tooling (saving 6-18 weeks), enables multi-part production, provides full alloy thermal control, achieves high dimensional accuracy, simplifies steel casting, enhances productivity with automation, meets Industry 4.0 standards, and reduces costs by up to 50% through part merging, no tooling, reduced raw material needs, and lower energy consumption.
Applications in Chassis & Structural Parts:Digital Casting™ technology applied to vehicles, trucks, and trains for chassis and structural components.
Applications in Industrial & Tooling:Digital Casting™ technology implemented in robotics, heavy-duty equipment, and tooling industries.

Specialties

Digital Metal Casting Industry 4.0 Standards Alloy Thermal Control Automated Manufacturing Processes Cost Reduction in Metal Casting

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series B
T: -
FT: Series B
A: 74000000
MR: -
FA: $74 million
FAN: 74000000
D: 2024-04-18
FD: 2024-04-18
12 investors
Series B Latest
2024-04-18
$74.0M
12 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Boaz Vinogradov

CEO & Co-Founder

G

Gil Lavi

CTO & Co-Founder

M

Moshe Frenkel

Chief Scientist & Co-Founder

I

Itay Roded

VP Process & Co-Founder

S

Shimon Sandik

VP Systems Engineering

N

Natalie Levinsohn

Chief R&D

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Recent News

Magnus Metal Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Manufacturing and Technology
Company Size
~260 employees (est.)

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Technology Stack

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