Magma stands out for its multi-touchpoint integration across the entire factory lifecycle — from inputs to outputs.
The round also saw participation from existing backers General Catalyst, Accion Venture Lab and WEH Ventures, all of whom doubled down on their investments, along with Avinya Ventures and B2B veteran Sanjiv Rangrass (venture partner at Capria) joining as new investors.
With strong supply-side capabilities, Magma has built a value-chain-first model that ensures consistency, control and efficiency at scale, while remaining agile to customer needs.
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