Total Funding
37
74
Total FundingGrant raised
Growth Score
-6 pts
Heat Score
-10 pts
Company Performance Metrics
Score
Trend
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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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109322
Magneto enables efficient cooling and heating without fossil fuels or refrigerants
About the Company
Magneto developed technology, which offers heating without fossil fuels and cooling without refrigerants. It is based on our patented Magnetocaloric heat exchangers, which change temperature in magnetic field. They heat up when magnetized and cool down when magnet is removed. Our customers then develop magnetocaloric heat pump around them. The heat
pump uses magnet, our heat exchangers and water to generate heat or cold in temperature span from -80 to +200*C. Our heat exchangers are protected with strong patent portfolio securing our leader position in the market.
