Our mission is to accelerate the innovation of powertrains by developing yokeless axial flux motor and inverter solutions that excel in power density, efficiency and reliability.
At Magnax, we also have the mission to create one of the best workplaces in the world. A place where people can develop their talents and learn new skills to make a positive contribution to the organisation and the world.
Location: Belgium, West Flanders, Kortrijk
Member count: 11-50
Total raised: $39.702086M
Founded date: 2015
Founders name: Kester Goh
Investors 2
| Date | Name | Website |
| - | Plug and P... | plugandpla... |
| - | SFPIM | sfpim.be |
Funding Rounds 2
| Date | Series | Amount | Investors | Deal News |
| 25.08.2022 | - | $19.960577... | - | siliconcan... |
| 19.01.2021 | Series A | $19.741509... | - | tech.eu/br... |
Mentions in press and media 5
| Date | Title | Description | Source |
| 06.09.2022 | Magnax gathers €20 million in investment funds | - | electrive.... |
| 25.08.2022 | Belgium-based Magnax raises €20M to develop powerful new mot... | Belgium-based Magnax, a company that develops and manufactures electric motors based on axial flux t... | siliconcan... |
| 25.08.2022 | Belgium-based Magnax gears up with €20 million to develop po... | Belgium-based company that develops and manufactures electric motors based on axial flux technology,... | tech.eu/20... |
| 08.01.2021 | Tech startups weekly: Too Good To Go raises €25.3M; recordin... | As a part of a weekly roundup, here is a list of some of the most important tech startups that have ... | siliconcan... |
| 06.01.2021 | Belgian startup Magnax gets €16 million to mass produce powe... | Belgian automotive startup Magnax has raised €16 million in Series A funding to fuel development of ... | tech.eu/br... |