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MAGNET Advanced Manufacturing Fund

MAGNET Advanced Manufacturing Fund

Industrial / CVCCleveland, United StatesActiveWebsite
Stage FocusSeed
GeographyUS
TypeGovernment
Last Activity2025
Industry Focus
Industries
Advanced ManufacturingClimate TechAdvanced MaterialsFood TechEnergy Tech
Technical BenchLimited
Investor TypeIndustrial Fund
ExposureMostly DeepTech Investments
Bio

MAGNET (Manufacturing Advocacy and Growth Network) is Northeast Ohio's Manufacturing Extension Partner (MEP). The Advanced Manufacturing Fund doubled its allocation from $2M to $4M in the second round (2024), with an average check size of roughly $300K and 8 portfolio companies funded.

The partnership with JumpStart Ventures provides expert advice and technical support. Portfolio companies includ...

Notable Investments
I
Insitu Foods
O
Octet Scientific

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