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MagnusMetal

HardwareHar-Tuv B, Industrial Park Tzora, Jerusalem Area, IsraelFounded 2017· One of 1708 Hardware companies tracked by AMPulse

MagnusMetal develops a Digital Casting System that facilitates high-volume production of large and complex load-bearing metal parts using customers' existing metal raw materials.

CEO / Founder
Boaz Vinogradov
Team Size
51-200
Stage
Active
Total Funding
$74M
Latest Round
Series B
Key Investors
Entrée Capital; Target Global; Caterpillar Ventures; Tal Ventures; Deep Insight Ventures; Awz Ventures; Lumir Ventures; Discount Capital; Lip Ventures; Cresson Management; Next Gear Fund; Essentia Venture Capital

Technology & Products

Key Products

Magnus Metal offers a Digital Casting System for high-volume production of large and complex load-bearing metal parts. Applications include power-train & engine assemblies (engine, axles, gears) and industrial & tooling (robotics, heavy duty).

Technological Advantage

Reduces raw material usage by 40-60%, produces stronger parts (10-20% improvement), and significantly cuts down production time.

Differentiation

Value Proposition

Enables cost reduction by utilizing existing raw materials, improves part strength by up to 20%, and reduces production time by 6-18 weeks.

How They Differentiate

Unique digital casting process that leverages existing raw material streams, differentiating it from traditional additive manufacturing methods.

Market & Competition

Target Customers

Manufacturers in automotive, aerospace, and industrial tooling sectors

Industry Verticals

["Automotive","Aerospace","Industrial Tooling"]

Competitors

Alcoa, Bralco Metals, Carpenter Powder Products Ab

Growth & Milestones

Growth Metrics

Magnus Metal raised $74 million in Series B funding in April 2024, co-led by Entrée Capital and Target Global, with additional investors including Caterpillar Ventures, Tal Ventures, Deep Insight Ventures, Awz Ventures, Lumir Ventures, Discount Capital, Lip Ventures, Cresson Management, Next Gear Fund, and Essentia Venture Capital. The company has approximately 100 employees and can manufacture up to 1 ton of solid metals daily within its proprietary platform.

Major Milestones

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Notable Customers

Magnus Metal sells its machines and proprietary ceramic to customers. Specific customer names are not publicly disclosed, but the technology is aimed at industrial, high-volume digital casting for metal alloys.

https://www.magnusmetal.com

Why this company matters

MagnusMetal occupies a distinct position between traditional casting and additive manufacturing. Its Digital Casting System is designed for high-volume production of large, complex load-bearing metal parts, using the same metal alloys customers already source for conventional casting. This approach avoids the material qualification hurdles and powder costs typical of metal LPBF or binder jetting, while still offering geometric freedom and reduced lead times.

The core technology is a proprietary digital casting process that integrates additive and subtractive steps. MagnusMetal claims the system reduces raw material usage by 40-60%, improves part strength by 10-20%, and shortens production time by 6-18 weeks compared to conventional casting. Target applications include powertrain and engine assemblies (engine blocks, axles, gears) as well as industrial and tooling components for robotics and heavy-duty equipment.

The company serves manufacturers in automotive, aerospace, and industrial tooling. While specific customer names are not disclosed, the technology is aimed at OEMs and tier-1 suppliers that already operate metal casting foundries. MagnusMetal sells both the Digital Casting System and proprietary ceramic consumables, creating a recurring revenue model. The company raised $74 million in Series B funding in April 2024, co-led by Entrée Capital and Target Global, with participation from Caterpillar Ventures and others. It can manufacture up to 1 ton of solid metals daily within its platform.

MagnusMetal's primary moat is its ability to use customers' existing metal raw materials, a differentiator against both traditional casting and powder-based AM. The open question is whether the digital casting process can match the throughput and cost-per-part of high-pressure die casting for automotive volumes, and whether the proprietary ceramic consumables create a sustainable lock-in or a cost burden at scale.