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Magma

About Magma

a fast-growing provider of vertically integrated industrial solutions

Business Information
Industry Categories
Materials, Natural Resources & Mining Operations and HR Professional Services & B2B Marketplaces
Funding Timeline
Round Date Amount Investors
Series A Jul 23, 2025 Undisclosed GVFL, Capria Ventures, General Catalyst +1 more
Seed Apr 24, 2025 $3.9M Bloccelerate, Animoca Brands, CMS Holdings
Series A Apr 17, 2025 $5.0M Capria Ventures, Avinya Ventures, Sanjiv Rangrass +3 more
Founders
N
Neal Thakker

Founder & CEO

Investors
A
Accion Venture Lab

Venture Capital

A
A
Avinya Ventures

Venture Capital

B
Bloccelerate

Venture Capital

C
CMS Holdings

Venture Capital

C
Capria Ventures

Venture Capital

C
Capria Ventures

Venture Capital

G
GVFL

Venture Capital

G
General Catalyst

Venture Capital

S
Sanjiv Rangrass

Venture Partner / Angel Investor

Recent Mentions
adewale_x
web3 Explorers @adewale_x
Apr 24, 2025

3. Magma – $3.9 Million •Description: A decentralized liquid staking protocol offering gMONAD tokens, integrating restaking via https://t.co/RRq6npM32m •Funding: Raised $3.9 million in a seed round with participation from Bloccelerate, Animoca Ventures, CMS Holdings, and https://t.co/1zgO5vQZPY

raisingfi
Raising.fi @raisingfi
Jul 26, 2025

New Raise 🏛️ Company: Magma 🔗 Website: https://t.co/AxeQmrKujy 📊 Amount: $8 Million 🔄 Round: Series A 🧮 Valuation: N/A ⚙️ Industry: Manufacturing, Energy

EntrepreneurIND
@EntrepreneurInd @EntrepreneurIND
Jul 23, 2025

#Update GVFL Ltd has made a strategic investment in Magma, an Ahmedabad-based industrial solutions provider, as part of its extended Series A round. Notable investors like Capria Ventures, General Catalyst, and Accion Venture Lab also participated. Founded in 2022 by Neal https://t.co/9gQypsYxkH

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Other Data Sources
5
Exa Startup Data
Apr 21, 2025
Twitter Startup Data
Apr 20, 2025
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Twitter Startup Data
Apr 20, 2025
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Apr 20, 2025
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Apr 20, 2025
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Exa Enrichment History
1

Fields Updated
description industry
Enrichment Details
Description
a fast-growing provider of vertically integrated industrial solutions
Industry
industrial solutions
Enrichment History
  • {'updated_at': '2025-04-25T00:15:25.958768', 'fields_updated': {'description': True, 'industry': True}, 'query_used': 'Magma industrial solutions company business model funding', 'sources_count': 5}
Source URLs