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Magnax

Axial flux electric motors with extreme power density for next-gen electric vehicles

Kortrijk, BelgiumFounded 2015www.magnax.com
Total raised
€72M
€71,500,000
Funding rounds
3
Investors
5
distinct backers
Active since
2021-01
latest 2026-04

Funding by year

EUR raised per year · 2026 YTD

Signals

High confidence
Raise-next likelihood21
base rate 30% for Other
  • Raised very recently
  • Up-round momentum
  • Low backer re-investment
Exit likelihood19
base rate 12% (2+ rounds)
  • 3 rounds raised
  • €30M+ raised
  • 11y since founding

Timing: too soon vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.

Funding rounds

3 rounds
DateStageAmountInvestors
2026-04-06Other€36MFoxconn Group,Pan-International Industrial Corp.View deal →
2022-08-23Other€20MBIG Capital,SFPI/FPIMView deal →
2021-01-06Series A€16MHirschvogel VenturesView deal →

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