DryFlow Magnetics: Investment Notes
Virescent Ventures announces it co-led DryFlow Magnetics' $10m seed round with Orion Industrial Ventures and Taronga Group, funding a demonstrator for the startup's dry ore-beneficiation technology.
Investor · 1 deal
Every published round Orion Industrial Ventures took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| DryFlow Magnetics | Seed | Dec 2025 | $10m | Lead | Virescent Ventures, RenewEconomy (15 Apr 2026), RenewEconomy (15 Apr 2026), Startup Daily, Virescent Ventures portfolio |
Companies Orion Industrial Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| DryFlow Magnetics | Uses solid-state magnets instead of water to extract higher-grade iron ore for green iron… | Dec 2025, Seed | 1 | 1 |
Fund closes reported for Orion Industrial Ventures, as distinct from the investments it has made.
Companies Orion Industrial Ventures has backed that another company then bought. An exit for the holding, not a deal Orion Industrial Ventures did.
Stories naming Orion Industrial Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Virescent Ventures announces it co-led DryFlow Magnetics' $10m seed round with Orion Industrial Ventures and Taronga Group, funding a demonstrator for the startup's dry ore-beneficiation technology.