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Josh Berg, Director, Innovation Ventures at Magna International

Josh Berg

Director, Innovation Ventures @ Magna International

Detroit, United States

Josh Berg is a venture - series unknown investor at Magna International in Detroit focused on Energy and Automotive. Josh Berg - Director, Innovation Ventures @ Magna International

Total investments:
1
Last investment:
Lead investor:
0%

Last updated:

Industries Josh Berg invests in

EnergyAutomotiveManufacturingInformation Technology

Stages Josh Berg invests in

Venture - Series Unknown

Countries Josh Berg invests in

United States

Contacts

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Investment Focus

Industry

  • Energy 1 (100%)
  • Automotive 1 (100%)
  • Manufacturing 1 (100%)
  • Information Technology 1 (100%)

Investments

CompanyDescriptionRoundLinks
Niron develops innovative advanced magnetic materials for high performance and low-cost permanent magnets. Permanent magnets play a vital, hidden role in modern technologies. Common devices that we use daily, such as computers, appliances, and automobiles are powered by permanent-magnet motors that convert electricity to motion. In the productionof electricity, permanent magnets are found at the heart of generators.Despite their ubiquity, however, magnets themselves have not kept pace with demands of higher performance, lighter weight machines. In fact, it has been almost 25 years since the last new magnetic material (NdFeB) became commercially available. As hybrid and electric vehicles fill the streets, and wind power generation continues to be one of the fastest growing means of producing electricity, the demand for increased efficiency needs to be met with innovative new magnetic materials.Niron Magnetics is developing the world’s first advanced manufacturing process for the mass production of permanent magnets powered by our breakthrough material formulation. Niron’s proprietary Iron nitride magnets possess inherently higher magnetization and can be produced at a lower cost compared to today’s rare-earth magnets, and will enable a revolution in the design of new electric motors and generators.Niron was founded in 2014 as a spinout of University of Minnesota and is based on technology that has received the support of ARPA-E, the National Science Foundation (NSF), and the Department of Energy Office of Basic Energy Sciences. $25M / Venture - Series Unknown / Feb 20, 2024

Co-Investors

Magna International

About Magna International

VC Fund · Aurora, Canada

Magna is a leading global automotive supplier with 317 manufacturing operations and 83 product development, engineering and sales centres in 29 countries. Magna has over 130,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. Magna's product capabilitiesinclude producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing.

Magna International Contacts

NameEmailPhoneSocials
Josh Berg
Josh Berg Director, Innovation Ventures
David Goldberg
David Goldberg Senior Vice President, Corporate Development
Frank Stronach
Frank Stronach Founder
Haley Rusicka
Haley Rusicka Senior Marketing Specialist- Magna Exteriors
Jorg Meinrich
Jorg Meinrich Director Procurement & Supply Chain Magna Europe

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FAQ

What does Josh Berg invest in?

Josh Berg invests primarily in Energy, Automotive and Manufacturing startups, most often at Venture - Series Unknown stage. Most of the 1 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

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Public channels for Josh Berg include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Josh Berg last invest?

The most recent investment recorded for Josh Berg closed in Feb 2024. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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