Magnax - Crunchbase Company Profile & Funding

Q: Where is Magnax's headquarters?

Magnax is located in Kortrijk, West-Vlaanderen, Belgium.

Q: Who invested in Magnax?

Magnax has 6 investors including Foxconn Technology Group And Pan-International.

Q: When was the last funding round for Magnax?

Magnax closed its last funding round on obfuscated from a Corporate Round round.

Overview

Magnax

Total Funding

obfuscation

Growth Score

Heat Score

Company Performance Metrics

Score

Trend

About These Metrics

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Learn more.

Growth Score - The measure of growth based on company activity, operational metrics, and investments

Growth Trend - The change in the growth score over the given time period

Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity

Heat Trend - The change in the heat score over the given time period

Recent Milestones

Raised Funding Round

Jan 1, 1970

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Raised Funding Round

Jan 1, 1970

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Raised Funding Round

Jan 1, 1970

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See more interactive data and historical milestones on desktop for the best experience

About Magnax

CB Rank

26916

Magnax develops axial flux electric motors with extreme power density for next-gen electric vehicles and aircraft

Founded

obfuscation

Private

Corporate Round

Kortrijk, West-Vlaanderen, Belgium

11-50

www.magnax.com

Aerospace

Air Transportation

Automotive

Electric Vehicle

Funding Rounds

Corporate Round

OBF

obfuscation

Venture - Series Unknown

OBF

obfuscation

Series A

OBF

obfuscation

Key People

Peter Leijnen: Founder
Daan Moreels: Co-Founder and Executive Director
Past Role: Cloudalize, Co Founder

Details

Legal Name

Magnax BV

Also Known As

Traxial

Operating Status

Active

Company Type

For Profit

Founders

Daan Moreels, Kester Goh, Peter Leijnen

About the Company

Magnax valorizes yokeless axial flux technology in various markets. The company drives value by strategically investing to strengthen the position of its subsidiaries. These companies focus on specific markets, each requiring a unique approach. One is Traxial, which focuses on yokeless axial flux technology for ground-based e-mobility.

www.traxial.com Our second subsidiary Axyal focuses on yokeless axial flux technology for aerospace www.axyal.com

Phone Number

+32 499 225 225

Contact Email

investors@traxial.com

Predictions & Insights

Growth Insight

See this Growth Insight

Magnax is

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to be growing

Top Contributing Factors

Recently Raised Funding

Growth Prediction

See this Growth Prediction

Top Contributing Factors

Runway Speculation

Products & Services

Traxial Axial Flux eMotors

Electric motors using yokeless axial flux technology designed for ground electric mobility applications, focusing on compactness and power density.

Axyal Axial Flux Propulsion Systems

Electric propulsion systems based on yokeless axial flux motors designed for aerospace and aviation applications to reduce weight and size.

Research & Development

Magnax is

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...

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Financials

Company Funding

Funding Rounds

Investors

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round

Funding Rounds

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round
obfuscated obfuscation	Corporate Round - Magnax	2	obfuscated obfuscation	Foxconn Technology Group, Pan-International	Corporate Round

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.

Investor Name	Lead Investor	Funding Round	Partners
Foxconn Technology Group	Yes	Corporate Round - Magnax	—
Foxconn Technology Group	Yes	Corporate Round - Magnax	—
Foxconn Technology Group	Yes	Corporate Round - Magnax	—
Foxconn Technology Group	Yes	Corporate Round - Magnax	—
Foxconn Technology Group	Yes	Corporate Round - Magnax	—