Niron Magnetics, Inc.

Minneapolis, MN · Founded 2013 · Materials · Private

Rare-earth-free permanent magnets based on iron nitride

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Updated · nironmagnetics.com

Sector
Materials
Headquarters
Minneapolis, MN
Founded
2013
Latest Form D
$86.4M, Jan 2024
Total capital
$102M
Federal grants
None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
Private capital raised
$102M
4 Form D · last Jan 2024
34 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
6
16 pending · first 2022
Rank in peer group#42 of 369

Capital timeline

20162018202020222024FEDERAL ↑EQUITY ↓Cumulative $102M2nd Form D$5M3rd Form D$3.9M4th Form D$86.4M
20162018202020222024FEDERAL ↑EQUITY ↓Cumulative $102M2nd Form D$5M4th Form D$86.4M

Latest events

  • Private capital raisedForm D · SEC · 4th filing$86.4M
  • Private capital raisedForm D · SEC · 3rd filing$3.9M
  • Private capital raisedForm D · SEC · 2nd filing$5M
  • Private capital raisedForm D · SEC · 1st filing$6.4M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 369 peers

Line = median

Materials · Material

  • Granted patents#42 · top 11%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Amit ShahDirectorNamed in SEC Form D filings
  • David MichaelDirectorNamed in SEC Form D filings
  • David SeldinDirectorNamed in SEC Form D filings
  • Donald RosenbergDirectorNamed in SEC Form D filings
  • Francis ThibodeauExecutive Officer, DirectorNamed in SEC Form D filings
  • Jianping WangDirectorNamed in SEC Form D filings
Show all 12 people
  • Jimmy KanDirectorNamed in SEC Form D filings
  • Jonathan RowntreeExecutive Officer, DirectorNamed in SEC Form D filings
  • Lawrence BurnsDirectorNamed in SEC Form D filings
  • Leonard Anderson BlackburnDirectorNamed in SEC Form D filings
  • LEONARD A. BLACKBURNExecutive Officer, Director, PromoterNamed in SEC Form D filings
  • Steve BullockDirectorNamed in SEC Form D filings

What it has protected

USPTO · 6 granted of 22
Show all 22 patent records
  • Anisotropic Iron Nitride Permanent MagnetsOct 6, 2026 · US 12,755,878Granted
  • Permanent Magnet Motors With Flux Fountain OutrunnerJul 9, 2026 · Application 19441107Pending
  • Magnetic Field Particle Confinement In Rotary Tube FurnaceDec 2, 2025 · US 12,485,396Granted
  • Iron-based Nanoparticles And Methods Of ProcessingOct 23, 2025 · Application 19184726Pending
  • Coercivity-enhanced Iron Nitride Nanoparticles With High Saturation MagnetizationOct 23, 2025 · Application 19237588Pending
  • Magnetic Circuit With More Than One Magnet TypeAug 7, 2025 · Application 19049792Pending
  • Coercivity-enhanced Iron Nitride Nanoparticles With High Saturation MagnetizationJul 15, 2025 · US 12,362,082Granted
  • Magnetic Circuit With More Than One Magnet TypeFeb 18, 2025 · US 12,231,003Granted
  • Anisotropic Iron Nitride Permanent MagnetsFeb 8, 2024 · Application 18489568Pending
  • Anisotropic Iron Nitride Permanent MagnetsNov 28, 2023 · US 11,830,644Granted
  • Anisotropic Iron Nitride Permanent MagnetsApr 19, 2022 · US 11,309,107Granted
  • Permanent Magnet Motors With Flux Fountain OutrunnerApplication 63743441Pending
  • Iron-based Nanoparticles And Methods Of ProcessingApplication 63637500Pending
  • Anisotropic Iron Nitride Permanent MagnetsApplication PCTUS2021019100Pending
  • Magnetic Field Particle Confinement In Rotary Tube FurnaceApplication PCTUS2020057160Pending
  • Anisotropic Nanocomposite Permanent Magnets With Enhanced SquarenessApplication 63080144Pending
  • Coercivity-enhanced Iron Nitride Nanoparticles With High Saturation MagnetizationApplication PCTUS2020034331Pending
  • Method To Improve Iron Nitride Nanoparticles By Use Of Mechanical Milling Of Agglomerated NanoparticlesApplication 62979668Pending
  • Variable-flux-intensifying Electric Machines Using Iron Nitride Permanent MagnetsApplication 63555842Pending
  • Variable-flux-intensifying Electric Machines Using Iron Nitride Permanent MagnetsApplication 63676107Pending
  • Magnetic Circuit With More Than One Magnet TypeApplication PCTUS2023015926Pending
  • Variable-flux-intensifying Electric Machines Using Iron Nitride Permanent MagnetsApplication PCTUS2025016509Pending

Regulatory activity · Materials

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Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .