Tech Company Financing Transactions
Maglut Heavy Industries Funding Round
Maglut Heavy Industries, based in Long Beach, received $3.1 million from Julian Capital, Nova Threshold and Wave Function.
Transaction Overview
Company Name
Announced On
8/27/2026
Transaction Type
Venture Equity
Amount
$3,100,000
Round
Undisclosed
Proceeds Purpose
The company will use the capital to fund the expansion of its refining infrastructure, scale its chemical and materials engineering workforces, and accelerate commercial processing capacity to secure critical supply chains.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
2388 E. Artesia Blvd.
Long Beach, CA 90805
USA
Long Beach, CA 90805
USA
Phone
Undisclosed
Website
Email Address
Overview
Maglut Heavy Industries Inc. is an advanced manufacturing company utilizing a chromatography-based platform to domestically process and refine rare earth elements. The company employs a water-based, biotech-inspired separation system to achieve high-purity rare earth oxides while reducing reliance on foreign supply chains.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Curtis Wu
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