Magma Secures $5 Million in Funding from Capria Ventures
Deal News | Apr 17, 2025 | Capria Ventures LLC
Magma, a B2B industrial solutions provider, has successfully raised $5 million in a funding round led by Capria Ventures. The funding round also saw participation from other notable investors such as General Catalyst, Accion Venture Lab, and WEH Ventures. The capital infusion is aimed at enhancing Magma's core factory offerings, facilitating backward integration, and advancing its tech investments. This strategic financial move is expected to bolster Magma's position in the competitive industrial solutions market and propel its growth trajectory.
Sectors
- Industrial Solutions
- Venture Capital
Geography
- Global – The article involves multiple venture capital firms and a B2B industrial solutions provider with no specific geographic focus, suggesting a global business interest.
Industry
- Industrial Solutions – The article is focused on Magma, a company providing B2B industrial solutions, highlighting its role in the manufacturing and industrial services sector.
- Venture Capital – The involvement of Capria Ventures and other VC firms in funding Magma places this article within the venture capital industry.
Financials
- $5 million – The total amount raised by Magma in the funding round led by Capria Ventures.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Magma | Target Company | Company | A B2B industrial solutions provider that has raised $5 million in funding. |
| Capria Ventures | Lead Investor | Company | A private equity firm leading the $5 million funding round for Magma. |
| General Catalyst | Investor | Company | Participating investor in the $5 million funding round for Magma. |
| Accion Venture Lab | Investor | Company | Participating investor in the $5 million funding round for Magma. |
| WEH Ventures | Investor | Company | Participating investor in the $5 million funding round for Magma. |