Magnax · Company in Belgium Tech

Overview

Belgian developer of yokeless axial flux motor technology, commercialized through automotive spin-off Traxial and aerospace spin-off Axyal. [1]

4 Jan 2021
Series AVenture / equity1 sourceEUR 16M
Reported amount EUR 16,000,000
Company announces EUR 16m Series A.
Magnax Closed a 16 Million Euro Series A Funding Round magnax.com
Deal record
InvestorsHirschvogel VenturesVlerick GroupTorus Capital
23 Aug 2022
Venture roundVenture / equity1 sourceEUR 20M
Reported amount EUR 20,000,000
Company confirms EUR 20m round; EUR 36m is cumulative and excluded.
Magnax raises €20m for axial flux pancake electric motors magnax.com
Deal record
InvestorsSFPIMBIG Capital

Recorded history so far. Original currencies are preserved; amounts in different currencies are not added together. Debt, grants, acquisitions and listings are separate event types. Undated events appear last.

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