Magdrive
Aerospace propulsion
Magdrive has raised €12M across 2 funding rounds from 7 investors, most recently a Seed round in Feb 2025. Based in Oxfordshire, UK; founded 2019; active in Space. Data as of 4 Nov 2026.
Total raised
€12M
€11,559,278
Funding rounds
2
Investors
7
distinct backers
Active since
2020-12
latest 2025-02
Funding by year
EUR raised per yearMagdrive — funding by year — interactive chart.
Data table
| Magdrive — funding by year | |
|---|---|
| 2020 | €1.6M |
| 2025 | €10M |
Signals
High confidenceRaise-next likelihood50
base rate 44% for Seed
- ▲ In typical raise window
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood9
base rate 11% (2+ rounds)
- ▲ 7y since founding (typical exit age)
- ▼ No recent equity round (debt-only or quiet)
Timing: in window vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2025-02-25 | Seed | €10M | 7percent Ventures,Alumni Ventures Group,Balerion,Entrepreneur First,Founders Fund,Outsized Ventures+1 more | View deal → |
| 2020-12-17 | Seed | €1.6M | Founders Fund | View deal → |
Investors
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