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Oxfordshire, UKFounded 2019Feb 2025

Magdrive raised €10M in a Seed round in Feb 2025. The company is based in Oxfordshire, UK. Investors in the round: 7percent Ventures, Alumni Ventures Group, Balerion and 4 others. Data as of Nov 2026.

← Magdrive
Amount raised
€10M
€10,002,858
Native amount
10,500,000 USD
Stage
Seed
seed
Investors
7

Provenance & confidence

High confidence
Amount
10,500,000 USD
ECB-at-date → €10M · rate 1.0497 on 2025-02-25
High confidence
Source

tech.eu · own

High confidence

Confidence is the weaker of amount-FX and source evidence (the cascade rule). See methodology.

Investors in this round

7 named
Date
Feb 2025
Round type
seed
Amount (EUR)
€10M

Other rounds

same company

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