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
—
Total raised
$82.2M
Last round
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Team — not yet on record
No current team members for Magnax are on record yet. People surface from round filings, company disclosures, and coverage sessions.
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·The complete investor list: 12 names
·Watch Magnax: the Monday email on marks, rounds and moves
