Kite Magnetics

Notting Hill, Australia · Founded 2021 · Privately Held (backing)

Developer of magnetic materials designed for improving electric motor efficiency. Kite Magnetics is based in Notting Hill, Australia and was founded in 2021. Its last reported valuation was $17.9 million in Apr 2025. It has raised $4.8 million.

Last reported valuation
$17.9M
Oct 2026
Priced at
—
Total raised
$4.8M
Last round
—

Who backs Kite Magnetics?

13 investors
InvestorType
Creative Destruction LabOther
Possible VenturesVenture capital
InvestibleOther
Breakthrough VictoriaOther
State Government of VictoriaOther
Australia Venture Capital—
Boson Ventures—
Galileo Ventures—
Monash University—
NOAB Ventures—
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Kite Magnetics investors

13 investors are on record for Kite Magnetics, including Creative Destruction Lab, Possible Ventures, Investible and Breakthrough Victoria.

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