Tech Company Financing Transactions
Magrathea Funding Round
Magrathea, based in New York, scored $24 million in investment from Balerion Space Ventures, Audacity Venture Capital and Avila VC.
Transaction Overview
Company Name
Announced On
5/5/2026
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts and build a demo smelter.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
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Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
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About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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