FundedIQ
Natural Resources

American Magnesium: Funding, Investors & Team (Oct 2026)

American Magnesium gives surface mining and rock quarry business. The Company centers around the development of quarries and magnesium handling edifices.

www.americanmagnesium.com Elephant Butte, United States 1-10 employees
Total raised
$1.8M
Rounds
1
Latest
Undisclosed round
Jul 2022

American Magnesium has raised $1.8M across 1 funding round on record, the most recent an undisclosed round of $1.8M announced in Jul 2022.

That round is below the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.

American Magnesium Company Profile and Key Stats

Total funding raised
$1.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$1.8M in Jul 2022
Employees
1-10
reported band
Headquarters
Elephant Butte, United States

Latest funding round on record: Jul 2022.

American Magnesium Funding Rounds

Date
Round
Amount
Undisclosed round
$1.8M

American Magnesium Founders and Leadership Team

Name
Role
Contact
David Q Tognoni
Founder
—

No contact details are on record for this team yet.

American Magnesium Funding Compared to Other Natural Resources Startups

Segment
Companies
Median round

American Magnesium's latest round of $1.8M is below the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like American Magnesium in Natural Resources and Elephant Butte

Companies Similar to American Magnesium

El Paso Minerals is a minerals exploration and mining company.

Seed $2.0M

The RSPB speaks out for birds and wildlife, tackling the problems that threaten our environment.We are the…

Undisclosed round $780k

Fortitude Gold is a gold producer focusing on projects with low operating costs and high margins. The company…

Undisclosed round $5.5M

Atana is a data-driven resource company that accelerates the exploration and development of flowing critical…

Seed $27.5M

Gridwater is a professional commercial and residential wastewater service provider.

Undisclosed round $1.0M

Golden Minerals Company, a mining firm specializing in gold and silver, is headquartered in Golden, Colorado.…

Undisclosed round $860k

Perpetua Resources deals with exploring for gold, antimony and other minerals in the historic Stibnite-Yellow…

Undisclosed round $2.9B

TriStar Gold is an exploration-stage junior mining company. The company focuses on the acquisition,…

Undisclosed round $6.5M

CREW Carbon specializes in removing greenhouse gas emissions from wastewater using engineered enhanced…

Series A $19.0M

Rango is a mining company that provides construction services.

Undisclosed round $25.0M

Disa is a forward-thinking company that specializes in freeing materials, utilizing technology to extract…

Undisclosed round $33.0M

The York Water is a water purification and distribution system that also collects, transports, and treats…

Undisclosed round $43.0M

American Magnesium Funding FAQs

What does American Magnesium do?

American Magnesium gives surface mining and rock quarry business. The Company centers around the development of quarries and magnesium handling edifices.

How much funding has American Magnesium raised?

American Magnesium has raised $1.8M across 1 round on record. The most recent is an undisclosed round of $1.8M announced in Jul 2022.

When did American Magnesium last raise funding?

American Magnesium's most recent funding round on record is an undisclosed round of $1.8M, announced in Jul 2022.

Who founded American Magnesium?

FundedIQ lists David Q Tognoni (Founder) at American Magnesium.

Where is American Magnesium headquartered?

American Magnesium is based in Elephant Butte, New Mexico, United States.

How many employees does American Magnesium have?

American Magnesium is in the 1-10 employee band.

How does American Magnesium's funding compare to other Natural Resources startups?

American Magnesium's latest round of $1.8M is below the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.

About FundedIQ's American Magnesium Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for American Magnesium is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.

Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.