REEMAG Technologies Ltd.

Develops a carbon-free process to convert end-of-life NdFeB permanent magnets into their original rare earth powders.

Cleantech
Active
Zichron Ya'akov, Israel Founded 2022
Website ↗
Last updated 2026-08-21
Total raised
Stage
Founded
2022
Headcount
HQ
Zichron Ya'akov, Israel
Sector
Cleantech

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 · — total

2022-01
Seed Undisclosed
★ Technology Transfer Company

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 · 3

Pini Althaus
Founder · CEO & Co-Founder
Yehuda Borenstein
Founder · Co-Founder/Director
Uri Shlomo
executives

Sectors & technology

Primary sector
Cleantech
Technologies
Target customers
Business model
B2B
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitereemag.net

Identifiers & details

Legal nameREEMAG Technologies Ltd.
Founded2022