One Investment Management led a $215m Series C round in Noveon Magnetics.

One Investment Management, a global alternative investment manager, led a $215m Series C round in Noveon Magnetics, a manufacturer of sintered rare earth permanent magnets. "This financing marks a pivotal step in scaling Noveon's production capabilities to meet rapidly growing customer demand. With the support of OneIM, we are accelerating deliveries of high-performance rare earth magnets produced entirely in the United States — scaling capacity, capability, and strengthening supply chain resiliency for our customers," Scott Dunn, Noveon CEO.