Magnax

Kortrijk, Belgium · Founded 2015 · Privately Held (backing)

Developer of yokeless axial flux motors delivering ultra-compact, high-efficiency power across industrial and electric mobility applications. Magnax is based in Kortrijk, Belgium and was founded in 2015. Its last reported valuation was $112 million in May 2022. It has raised $82.2 million.

Last reported valuation

$111.7M

Oct 2026

Priced at

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Total raised

$82.2M

Last round

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How much has Magnax raised?

$82.2Macross 0 recorded rounds

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Magnax investors

12 investors are on record for Magnax, including Plug and Play Tech Center, European Union, Federal Holding and Investment Company (Brussels) and BIG Capital (Vietnam).

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Frequently asked about Magnax

How much has Magnax raised?: Magnax has raised $82.2M in total across 0 recorded funding rounds.