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Company

Magrathea

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 95 out of 100

Magrathea is a technology company run by engineers that has developed a new generation of electrolytic process for making clean, secure magnesium metal from seawater and brines.

Also known as Magrathea Metals Inc.

  • Space, aerospace & defense
  • Sustainable materials & circular economy
  • Climate positive
  • Hardware
Status
Operatingas of 2026-09-17
Business model
B2B
Customers
customers, government agencies, and capital partners
Legal name
Magrathea Metals Inc.
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Record updated 17 September 2026

About

Magrathea is a technology company founded in California that has developed a new generation of electrolytic process for making clean, secure magnesium metal from seawater and brines.

Funding snapshot

Total raised
$24MSum of rounds, as of 2026-09-17Source (opens in a new tab)
Latest round
Series A, $24M2026-03

Funding rounds

Series A
$24M2026-03, Company stated
Round, 2022
$2M2022-03-02, SEC form D sold, 26 investors

Products

Hardware
magnesium metal
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