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The funding round also saw participation from Avinya Ventures and Capria Ventures’ partner Sanjiv Rangrass and existing investors like General Catalyst, Accion Venture Lab and WEH Ventures
Magma looks to deploy the fresh proceeds to boost its core factory offerings, expand backward integration capabilities and push for technological investments
Founded in 2022 by Neal Thakker, Magma is a B2B industrial solutions provider that helps factories in processing and sourcing raw…
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The funding round also saw participation from Avinya Ventures and Capria Ventures’ partner Sanjiv Rangrass and existing investors like General Catalyst, Accion Venture Lab and WEH Ventures
Magma looks to deploy the fresh proceeds to boost its core factory offerings, expand backward integration capabilities and push for technological investments
Founded in 2022 by Neal Thakker, Magma is a B2B industrial solutions provider that helps factories in processing and sourcing raw…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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