Funding round
Vulcan Elements Series A
Vulcan Elements, which works in rare-earth permanent magnet manufacturing in Durham, raised $65M in a Series A round announced on 13 Aug 2025, led by Altimeter, at a $250M post-money valuation. 2 firms took part.
$65M
Amount raised
$250M
Post-money valuation
$185M pre-money
2
Investors
1 lead
26%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Vulcan Elements at $250M after the new money. The $65M bought investors about 26% of the company. It is Vulcan Elements' first venture round on record, 2 years after it was founded in 2023. No later venture round is on record for Vulcan Elements.
Vulcan Elements' funding rounds
This is the only venture round on record for Vulcan Elements.
- Series A this round 13 Aug 2025, led by Altimeter $65M$250M post-money
- Grant not a venture round 3 Nov 2025 $50M
- Debt not a venture round 21 Nov 2025, led by Office of Strategic Capital $620M
Investors
Who put money in
Altimeter led the round with 1 other firm.
Lead investor
- Altimeter backs 67 venture-backed companies
Also in the round
- backs 5 venture-backed companies
Comparable rounds
How it compares
79 Series A rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $18M, and this round was 3.7 times the median. The closest in time, other companies' Series A rounds in Electronical Components Manufacturing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Electronical Components Manufacturing | 13 Aug 2025 | $10M | not disclosed | KOMPAS VC |
| Electronical Components Manufacturing | 18 Aug 2025 | undisclosed | not disclosed | Koch Disruptive Technologies |
| Electronical Components Manufacturing | 17 Jul 2025 | $72M | not disclosed | Cherry Ventures and UVC Partners |
| Electronical Components Manufacturing | 29 Jul 2025 | $50M | not disclosed | Koch Disruptive Technologies |
| Electronical Components Manufacturing | 26 Sep 2025 | $39M | not disclosed | Korea Investment Financial Holding |
| Electronical Components Manufacturing | 1 Sep 2025 | $35M | not disclosed | not named |
| Electronical Components Manufacturing | 25 Sep 2025 | $24M | not disclosed | BlueYard Capital |
| Electronical Components Manufacturing | 30 Sep 2025 | $21M | not disclosed | Greenfield Partners |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Vulcan Elements raise in its Series A round?
Vulcan Elements raised $65M in its Series A round, announced in Aug 2025.
Who led Vulcan Elements' Series A round?
Altimeter led it, with One Investment Management.
What was Vulcan Elements' valuation at the Series A round?
$250M post-money ($185M pre-money).
How does it compare with other Series A rounds in Electronical Components Manufacturing?
79 Series A rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $18M, and this round was 3.7 times the median.