Tech
Magma Nets $5 Mn To Fuel Industrial Solution Offerings
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SUMMARY
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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