When was Vulcan Elements founded?

Vulcan Elements was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Vulcan Elements located?

Vulcan Elements is headquartered in Cambridge, United States.

Who is the current CEO of Vulcan Elements?

John Maslin of Vulcan Elements. They have also founded 1 company.

How many employees does Vulcan Elements have?

As of Apr 30, 2026, the latest employee count at Vulcan Elements is 53.

Is Vulcan Elements a funded company?

Vulcan Elements is a funded company, having raised a total of $124M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 13, 2023.

How much is Vulcan Elements worth?

The latest valuation of Vulcan Elements is $***** as of Nov 04, 2025.

When was the latest funding round of Vulcan Elements?

Vulcan Elements' latest funding was a $***** Conventional Debt round on Nov 21, 2025, with participation from 1 investor.

Where does Vulcan Elements rank among its competitors?

Vulcan Elements ranks 1st amongst 21 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Entellus, which secured $5.5M in Jan, 2026.

Who are the top competitors of Vulcan Elements?

Vulcan Elements' top competitors include Entellus, Neo Material Technologies and VACUUMSCHMELZE. Among them, Entellus secured the most recent funding round in January, 2026.

Vulcan Elements - 2026 Company Profile, Team, Funding & Competitors

Vulcan Elements is a series A company based in Cambridge (United States), founded in 2023 by John Maslin and Piotr Kulik. It operates as a Manufacturer of rare earth magnets for electrifying highways and powering offshore wind turbines. Vulcan Elements has raised $124M in funding from Altimeter Capital, with a current valuation of $*****. The company has 21 active competitors, including 3 funded and 4 that have exited. Its top competitors include companies like Entellus, Neo Material Technologies and VACUUMSCHMELZE.

Company Details

Vulcan Elements is a manufacturer of rare earth magnets focused on creating critical magnets for electrifying highways and powering offshore wind turbines. They are changing the way aerospace, defense, and auto industries are electrified with a focus on decarbonization.

Key Metrics

Founded Year

2023

Location

Cambridge, United States

Stage

Series A

Total Funding

$124M in 4 rounds

Latest Funding Round

Conventional Debt, Nov 21, 2025, $*****

Post Money Valuation

$***** as on Nov 04, 2025

Investors

Altimeter Capital & 3 more

Ranked

1^st among 21 active competitors

Employee Count

53 as on Apr 30, 2026

Similar Companies

Entellus & 19 more

View Vulcan Elements' full profile

Vulcan Elements has raised a total funding of $124M over 4 rounds. Its first funding round was on Dec 13, 2023. Its latest funding round was a Conventional Debt round on Nov 21, 2025 for $*****. 1 investor participated in its latest round. Vulcan Elements has 4 institutional investors.

Here is the list of recent funding rounds of Vulcan Elements:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 21, 2025	1677539	Conventional Debt	6897535	2841674	5245897	9770486
Nov 21, 2025	4655809	Series A	5212995	5996464	1057190	USAGov
Aug 11, 2025	1418591	Series A	6697425	9503953	Altimeter Capital	7994597

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View details of Vulcan Elements's funding rounds and investors

The founders of Vulcan Elements are John Maslin and Piotr Kulik. John Maslin is the CEO of Vulcan Elements.

Here are the details of Vulcan Elements' key team members:

John Maslin: Co-Founder & CEO of Vulcan Elements.
Contact Info: 1 email address
Piotr Kulik: Co-Founder of Vulcan Elements.
Contact Info: 1 email address

View details of Vulcan Elements's Founder profiles and Board Members

Vulcan Elements' employee count trend

Vulcan Elements has 53 employees as of Apr 26. Here is Vulcan Elements's employee count trend over the years:

Employee count trend for Vulcan Elements

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Top competitors of Vulcan Elements include Entellus, Neo Material Technologies and VACUUMSCHMELZE. Here is the list of Top 10 competitors of Vulcan Elements, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vulcan Elements 2023, Cambridge (United States), Series A	Manufacturer of rare earth magnets for electrifying highways and powering offshore wind turbines	$124M	Altimeter Capital, USAGov & 2 others	58/100
2nd	Entellus 2022, Chennai (India), Series A	Manufacturer of rare earth-based materials for clean energy and electronics	$17.5M	ZeroW, Social Capital	47/100
3rd	Neo Material Technologies 2006, Toronto (Canada), Acquired	Supplier of engineered materials	-	Oaktree Capital Management, Pala Investments ... & 1 others	42/100
4th	VACUUMSCHMELZE 1923, Hanau (Germany), Acquired	Manufacturer of advanced magnetic materials and components	-	One Equity Partners, Europa	39/100
5th	Hengdian Group DMEGC Magnetics 1980, Chongqing (China), Public	Developer of permanent magnet ferrite manufacturing platform	-	-	35/100
6th	Lupine Materials 2014, Raleigh (United States), Funding Raised	Provider of research and development in superconducting magnets and optical sensors	-	OSTI	25/100
7th	Magnetfab 2022, Grenoble (France), Funding Raised	Magnets for semiconductor industry	-	MassChallenge	24/100
8th	Bunting 1959, Hertfordshire (United Kingdom), Unfunded	Manufacturer of magnets	-	-	24/100
9th	Quable Rare Resources 2025, Visakhapatnam (India), Unfunded	Manufacturer of rare earth metals & alloys	-	-	24/100
10th	Jingxin Magnet 2005, Xiamen (China), Unfunded	Manufacturer of magnets, magnetic assemblies, microwave ferrite, and soft magnetic alloys	-	-	24/100