Product Reports Resources Pricing Login Book a demo

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
client focusb2btechnologyHardwaretechnologyDeep Techbusiness modelManufacturingsectorRecyclingsectorWaste ReductionsectorSustainable Development GoalssectorMagnetssectorRumoured $1BsectorAdvanced MaterialssectorClimate TechsectorCircular EconomysectorRare EarthsectorMetal

Valuation & funding

Noveon funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
Showing 3 recorded eventsUnlock the complete deal history →

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.

Latest monthly visits4.3K 3-month web change-89% 1-year team growth+17.3%
Monthly website visits92 observations · Oct 2017–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Noveon compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Noveon's talent

Book a demo to see the people
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

4 investors on Noveon's cap table

Sourced from Dealroom's funding and investor records.

Series A 3 investors entered at this stage
NGP Energy Capital Management
Aventurine Partners
NGP Energy Capital
Series B+ 1 investor entered at this stage
OneIM

Global footprint

Where Noveon has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about Noveon

Recent press, funding announcements, and product moves mentioning Noveon — open to read from the original sources.

See all news

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

See Noveon’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.