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French firm MagREEsource secures €23M to build Europe’s first sustainable permanent magnet factory

by FeeOnlyNews.com
6 months ago
in Startups
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French firm MagREEsource secures €23M to build Europe’s first sustainable permanent magnet factory
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Noyarey, France-based MagREEsource, a deep-tech industrial company, has secured €23M in its latest funding round.

The round was led by Fonds SPI 2, managed by Bpifrance on behalf of the French government under the France 2030 initiative.

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