Ecomagnet is a recently established spin-off aiming to capitalize on a technology developed by the research center Ceit. The innovative technology enables the production of anisotropic NdFeB magnet powder through a powder metallurgy route, utilizing recovered magnets from scrap as raw materials. The company, founded in 2021, operates in the Information Technology and Manufacturing industries and is based in Spain. Notably, Ecomagnet secured a €858.50KSeed Round investment on 09 May 2022, with backing from CDTI and Clave. Ecomagnet's vision of reimagining magnetism coupled with its strategic use of recycled materials highlights its potential for disruption in the industry.
