Vulcan Elements

Vulcan Elements

Vulcan Elements is a North Carolina-based manufacturer specializing in rare-earth magnets. Founded in 2023, the company has rapidly increased its valuation from approximately $200 million to around $2 billion following a significant $620 million loan from the Pentagon aimed at bolstering domestic production of critical minerals.

Total raised
$620M
tracked to date
Latest round
Debt
May 28, 2026
Known investors
2
led by 1789 Capital
Press coverage
2
outlets tracked

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🏆 Featured in Datapile’s Q2 2026 USA Funding Report

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Funding history

  1. 1
    $620MDebtMay 28, 2026

    Led by 1789 Capital, Pentagon

    Announcement ↗

Founder

unknown
unknown

Investors in Vulcan Elements

Backers from this company's tracked funding rounds.

  • 11789 CapitalLead investorVC firm
  • PPentagonLead investorVC firm

Vulcan Elements in the news

Coverage of this company's funding, tracked by Datapile.

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