Magma Flooring

company

About

Magma Flooring is a privately-held company that sells flooring materials.

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Details

Last Funding Type
Seed
Last Funding Money Raised
$80.70K
Industries
Building Material,Chemical
Founded date
Jul 1, 2012
Number Of Employee
1 - 10
Operating Status
Active

Magma Flooring LLC, founded in July 2012, is a privately held company that was spun off from Interfacial Solutions LLC. Magma Flooring intends to become a leading provider of green and eco-friendly flooring materials to the flooring industry. Magma Flooring’s products have been engineered to meet the environmental and sustainability demands of today’s flooring market and to be a cost-effective replacement for PVC.

Magma Flooring utilizes recycled plastic and natural fillers for its non-PVC products. Unlike today’s vinyl flooring, Magma Flooring’s products will be PVC-free, chlorine-free, phthalate-free, plasticizer-free, contain no VOCs, have essentially no odor and can be readily recycled. The fully-functional and environmentally sustainable characteristics of Magma Flooring will make it an ideal choice for customers looking to bring fully functional green innovation and eco-friendly products to their world.

Magma Flooring is a start-up company and expects to be producing product early in 2014. The company will be using a state-of-the-art continuous double belt press manufacturing process and its non-PVC compounds will be produced on site. Toll manufacturing relationships are also being explored.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$2.23M
Magma Flooring has raised a total of $2.23M in funding over 2 rounds. Their latest funding was raised on May 24, 2016 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 24, 2016 Seed $155.37K 1 NEW Capital Fund Detail
Jan 1, 2016 Seed $80.70K 1 NEW Capital Fund Detail
Feb 6, 2014 Seed $2M 1 NEW Capital Fund Detail

Investors

Number of Lead Investors
Number of Investors
3
1
Magma Flooring is funded by 1 investors. NEW Capital Fund are the most recent investors.
Investor Name Lead Investor Funding Round
NEW Capital Fund Yes Seed