Magnus Metal

Beit Shemesh, Israel · Founded 2018 · $74.0M raised

Headquarters
Beit Shemesh
Employees
51–200
Founded
2018
Business Model
B2B
Total Funding
$74.0M
Last Round
$74.0M Series BApr 2024
Rounds
1

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

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Funding History

Series BSeries BApr 2024
$74.0M

Investors

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