# Magnus Metal funding: rounds and investors

> Magnus Metal has raised $74M across 1 round since 2024. Investors include Target Global. Every round with its source.

Source: https://millionrounds.com/company/magnus-metal (Millionrounds; every figure on the page links to its filing or article)

[Series B startup](https://millionrounds.com/companies)

# Who invested in *Magnus Metal*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Funding summary Updated 26 Oct 2026

**$74M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series B, $74M Apr 2024
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2024** Series B **$74M** [Target Global](https://millionrounds.com/fund/target-global) Source recorded

## Everyone who backed them

[Target Global](https://millionrounds.com/fund/target-global) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magnus-metal).

## Also claim to have backed them

This firm lists Magnus Metal as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Awz](https://millionrounds.com/fund/awz) VC firm Per its own site

## Quick answers about Magnus Metal

### Who invested in Magnus Metal?

Magnus Metal's investors include Target Global.

### How much has Magnus Metal raised?

Magnus Metal has raised $74M across 1 round since 2024.

### When did Magnus Metal last raise?

Magnus Metal's most recent round was a Series B of $74M in Apr 2024.

### What was Magnus Metal's biggest round?

Its most recent round, $74M in Apr 2024, is also its largest on record.

### Who backed Magnus Metal first?

Magnus Metal's first round on record, in Apr 2024, was backed by Target Global.

### What stage is Magnus Metal at?

Magnus Metal's latest named round is a Series B, in Apr 2024.

## Companies like Magnus Metal

In the same sector, and raised in the last eighteen months.

[**Dessn** $6.0M · May 2026](https://millionrounds.com/company/dessn)[**Ciridae** $20M · May 2026](https://millionrounds.com/company/ciridae)[**C-Infinity** $16M · Apr 2026](https://millionrounds.com/company/c-infinity)[**SmartSolar** $1.3M · Mar 2026](https://millionrounds.com/company/smartsolar)[**Onodrim Industries** $47M · Feb 2026](https://millionrounds.com/company/onodrim-industries)[**Hanyang Technology** Feb 2026](https://millionrounds.com/company/hanyang-technology)

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