Co-Founder
Since Sep 2016 · 10 yrs 2 mos
Profile summary: Emerson Biz Dev
Magnax
Magnax develops yokeless axial flux electric motor technology for applications across multiple industries. Its technology is commercialized through separate companies that develop axial flux solutions for their respective markets.
- Mobility & Transportation
- Hardware
- Automotive Technology
- Aerospace
- Energy
Updated 2 days ago
Funding
Raised to date
€71.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Est. $77.9Macross 3 rounds
BCFGHVPISTV+1
€35.5M · Undisclosed
Announced Apr 2026
Disclosed cumulative: $77.9M
3/3
RoundDateAmountValuationInvestors
Founders
Product
Problem
Electric mobility and aerospace applications need electric powertrains that meet demanding weight and efficiency requirements. Conventional motor designs can impose weight and energy-loss tradeoffs that limit their suitability for these uses.
Solution
Magnax develops yokeless axial flux electric motor technology intended for use across multiple industries. Rather than commercializing one universal motor solution, the company valorizes its underlying technology through separate companies focused on developing axial flux solutions for their respective markets. This approach is designed to tailor the technology to the requirements of each application area. The supplied sources do not provide further technical specifications or quantified performance claims.
Target Audience
Magnax’s technology is aimed at companies and markets seeking axial flux motor solutions. The supplied sources identify multiple industries but do not specify particular customer segments.
Features
- Yokeless axial flux electric motor technology
- Commercialization through separate companies focused on solutions for their respective markets