Last updated 2026-08-29
- Raised $20M Seed round led by Skyline, Nov 2025
Total raised
$20.0M
Stage
—
Founded
2022
Headcount
—
HQ
Zichron Ya'akov, Israel
Sector
Clean Technology
Website ↗Registrar ID: 516634516 (REEMAG Technologies Ltd.)
About
REEMAG Technologies Ltd. develops a patented, carbon-free process that converts end-of-life Neodymium-Iron-Boron (NdFeB) permanent magnets into their original rare earth powders. This technology aims to provide an easy, low-cost, and environmentally friendly way to produce magnets, reducing reliance on new mining operations and contributing to a circular economy for rare earth elements. The company is a spin-off of Yeda Technology Transfer, the commercial arm of the Weizmann Institute of Science.
Funding history · 1 round · $20.0M total
1 event/round · $20.0M Total Funding: $20.0M in Private Equity
Nov 2025
★ Skyline
Offices
Zichron Ya'akov, Israel · HQ / main office
Q&A
- What is REEMAG Technologies Ltd.'s primary business?
- REEMAG Technologies Ltd. develops a patented, carbon-free process to convert end-of-life Neodymium-Iron-Boron (NdFeB) permanent magnets into their original rare earth powders, aiming to provide an environmentally friendly way to produce magnets.
- When was REEMAG Technologies Ltd. founded?
- REEMAG Technologies Ltd. was founded in 2022.
- Where is REEMAG Technologies Ltd. headquartered?
- REEMAG Technologies Ltd. is headquartered in Zichron Ya'akov, Israel.
- Who are the founders of REEMAG Technologies Ltd.?
- The co-founders of REEMAG Technologies Ltd. are Pini Althaus, who serves as CEO, and Yehuda Borenstein, who is a Co-Founder/Director.
- Which investors participated in REEMAG Technologies Ltd.'s Seed funding round?
- In January 2022, REEMAG Technologies Ltd. secured Seed funding from Technology Transfer Company.
- What is REEMAG Technologies Ltd.'s relationship with Yeda Technology Transfer?
- REEMAG Technologies Ltd. is a spin-off of Yeda Technology Transfer, which is the commercial arm of the Weizmann Institute of Science.
- What are the target markets for REEMAG Technologies Ltd.'s technology?
- REEMAG Technologies Ltd.'s target markets include Electric Vehicles, Wind Turbines, Consumer Electronics, and Defense Applications.
- What is REEMAG Technologies Ltd.'s primary sector?
- REEMAG Technologies Ltd.'s primary sector is Cleantech.
Team · 5
Pini Althaus
Founder · CEO & Co-Founder
Yehuda Borenstein
Founder · Co-Founder/Director
George Hadjipanayis
PhD, MSc (Science Team)
Paul McGuiness
PhD, BSc (Science Team)
Sectors & technology
Primary sector
Clean Technology
Technologies
Target customers
Business model
B2B
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | reemag.net |
|---|
Identifiers & details
| Legal name | REEMAG Technologies Ltd. |
|---|---|
| Founded | 2022 |
Radar intelligence
Web history (Wayback)
| Domain | reemag.net |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516634516 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2022-06-21 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 2 — annual_report (1), violation (1) |
| Registered address | הכרכום 6 זכרון יעקב |
Recent registry events
| Date | Event |
|---|---|
| 2025-09-29 | דו~ח שנתי |
| 2026-06-25 | עדכון הפרה |