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Venture Capital News: Vulcan Elements Announces $65 Million Series A

2025-08-18
DURHAM, NC, Vulcan Elements announced the close of a $65 million Series A, led by Altimeter Capital.
Vulcan Elements announced the close of a $65 million Series A, led by Altimeter Capital and with significant participation from One Investment Management. This investment will accelerate Vulcan's expansion to commercial scale to meet rapidly growing market demand-a critical milestone toward fully on-shoring the rare earth magnet supply chain and enabling the United States and its allies to dominate the 21st century.

Altimeter Capital, a premier technology investment firm with over $12 billion in assets under management, led the round. The round also included significant participation from One Investment Management
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