Magnus Metal
Beit Shemesh, Israel · Founded 2018 · $74.0M raised
- Headquarters
- Beit Shemesh
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2B
- Website
- magnusmetal.com
- Total Funding
- $74.0M
- Last Round
- $74.0M Series BApr 2024
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Magnus Metal is an Israeli advanced manufacturing company that has developed Digital Casting, a proprietary additive process that brings metal casting into the Industry 4.0 era. The technology enables high-volume production of complex metal parts without traditional tooling, reducing costs by up to 50%, cutting raw material waste by up to 70%, and compressing time-to-market by eliminating 6-18 weeks of tooling lead time. Magnus Metal's system supports a single automated process from R&D to volume production, producing one ton per day per system, and is applicable to powertrain components, engine assemblies, defense parts, and other demanding applications.
Summary
Magnus Metal is a Defense Tech company based in Beit Shemesh, Israel, founded in 2018. It has raised $74.0M in total across 1 round, most recently a $74.0M Series B round in Apr 2024. Investors include Entrée Capital, Target Partners and Amdocs Ventures.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Apr 2024
Investors
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