Kite Magnetics key facts
as of Oct 2026- Developer of magnetic materials designed for improving electric motor efficiency.
- Kite Magnetics is valued at approximately $17.9M as of Oct 2026 (last reported valuation).
- It has raised $4.8M; the latest was Seed Round ($3.6M) in Apr 2025.
- Notable investors include Creative Destruction Lab, Possible Ventures, Investible, Breakthrough Victoria, State Government of Victoria — 13 tracked in total.
- Status: Privately Held (backing).
Kite Magnetics's last reported valuation, Apr 2025. Nothing priced has surfaced since.
- ·The complete investor list: 13 names
- ·Watch Kite Magnetics: the Monday email on marks, rounds and moves
Kite Magnetics funding rounds
No funding rounds for Kite Magnetics are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Kite Magnetics
13+Kite Magnetics valuation
Kite Magnetics's last reported valuation was $17.9 million in Apr 2025. No priced round, secondary trade or fund mark has surfaced since.
Kite Magnetics investors
13 investors are on record for Kite Magnetics, including Creative Destruction Lab, Possible Ventures, Investible and Breakthrough Victoria.
About Kite Magnetics
Developer of magnetic materials designed for improving electric motor efficiency. The company develops nanocrystalline stator cores that significantly reduce energy losses, allowing for smaller, lighter, and more efficient motors that enhance vehicle performance, enabling electric vehicle manufacturers to extend range, reduce costs, and improve reliability through optimized motor technology.
- Sector
- Business Products and Services (B2B)
- HQ
- Notting Hill, Australia
- Founded
- 2021
- Employees
- 10
- Website
- kitemagnetics.com/
- Ownership
- Privately Held (backing)
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