Magnax
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 28 Oct 2026.
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 YTDMagnax — funding by year — interactive chart.
Data table
| Magnax — funding by year | |
|---|---|
| 2021 | €16M |
| 2022 | €20M |
| 2026 | €36M |
Signals
High confidenceRaise-next likelihood30
base rate 30% for Other
- ▼ In typical raise window
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood21
base rate 11% (2+ rounds)
- ▲ €30M+ raised
- ▲ 11y since founding (typical exit age)
- ▲ Recently backed by strong-exit-track investors
Timing: in window vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
3 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2026-04-06 | Other | €36M | Foxconn,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 → |