Axial flux electric motors with extreme power density for next-gen electric vehicles
Magnax has raised €72M across 3 funding rounds from 5 investors, most recently a round in Apr 2026. Based in Kortrijk, Belgium; founded 2015; active in Transportation. Data as of 7 Aug 2026.
Timing: too soon vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
| Date | Stage | Amount | Investors |
|---|
| 2026-04-06 | Other | €36M | Foxconn Group,Pan-International Industrial Corp. | View deal → |
| 2022-08-23 | Other | €20M | BIG Capital,SFPI/FPIM | View deal → |
| 2021-01-06 | Series A | €16M | Hirschvogel Ventures | View deal → |
