Magma has secured $5 million in Series A funding led by Capria Ventures. The fresh proceeds will be used to enhance core factory offerings and invest in technology.
Amount Raised
$5 Million
Round Type
Series A
Investors
Description
B2B manufacturing startup Magma has raised $5 million in a Series A funding round. The funding was led by Capria Ventures, with participation from Avinya Ventures and existing investors like General Catalyst and Accion Venture Lab. This investment will enable Magma to boost its factory solutions and expand technology investments. Founded in 2022, Magma supports factories with a range of industrial solutions.
Quick answer
Magma raised $5 Million in a Series A round, dated April 16, 2025. Investors: WEH Ventures, Avinya Ventures, General Catalyst, Accion Venture Lab, Sanjiv Rangrass and Capria Ventures.
- How much did Magma raise?
- Magma raised $5 Million in a Series A round on April 16, 2025.
- Who invested in Magma?
- WEH Ventures, Avinya Ventures, General Catalyst, Accion Venture Lab, Sanjiv Rangrass and Capria Ventures are named as investors in this round.
- What does Magma do?
- Magma is an integrated manufacturing solutions provider serving factories for their critical procurement needs.
- Who are the decision-makers at Magma?
- Fundz holds 1 contact at Magma, including the Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Manufacturing around the same time
Companies in the same sectors as Magma that raised within 45 days of this round, from Fundz verified event records.
- Inde Wild raised $5M (Funding Round) on March 7, 2025.
- C-Motive Technologies raised $11M on May 30, 2025.
- Cleevo raised $1M (Seed) on May 29, 2025.
- Joby Aviation raised $250M on May 29, 2025.
- Bloq.it raised an undisclosed amount (Series B) on May 29, 2025.
- Ziniosa raised an undisclosed amount (Funding Round) on May 29, 2025.
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