Insights

Innovative Motor Technology Magnax specializes in yokeless axial flux electric motors, which are highly suitable for emerging e-mobility and robotics markets, offering unique advantages that could appeal to manufacturers seeking cutting-edge electric drive solutions.

Sustainable Focus The company's development of advanced motors incorporating recycled magnets demonstrates a commitment to sustainability, aligning with the growing demand for eco-friendly and resource-efficient electrical components in automotive and aerospace sectors.

Strong Investment Backing With recent funding of €20 million and strategic investments from notable players like BIG Capital and Hirschvogel Ventures, Magnax has demonstrated strong financial backing, making it a promising partner for large-scale collaborations or supply agreements.

Focused Market Expansion Magnax is actively expanding into diverse markets including electric vehicles, aerospace, and robotics through its subsidiaries like Traxial, providing multiple avenues for business development and potential customer segmentation.

Emerging Industry Presence As a technology leader in axial flux motors with ongoing product development and recent launches like Traxial, Magnax presents opportunities for OEMs and component integrators seeking innovative motor solutions to meet the evolving demands of the electric vehicle and mobility industries.

Similar companies to Magnax

Magnax Tech Stack

Magnax uses 8 technology products and services including Siemens NX, Squarespace Commerce, Font Awesome, and more. Explore Magnax's tech stack below.

  • Siemens NX
    Cad & Graphics
  • Squarespace Commerce
    E-commerce
  • Font Awesome
    Font Scripts
  • Slick
    Javascript Libraries
  • ScrollReveal
    Javascript Libraries
  • HSTS
    Security
  • Google Tag Manager
    Tag Management
  • Twitter
    Widgets

Magnax's Email Address Formats

Magnax uses at least 1 format(s):
Magnax Email FormatsExamplePercentage
First.Last@magnax.comJohn.Doe@magnax.com
88%
First.Middle.Last@magnax.comJohn.Michael.Doe@magnax.com
12%

Frequently Asked Questions

Where is Magnax's headquarters located?

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Magnax's main headquarters is located at 100 Evolis Kortrijk, Flanders 8500 Belgium. The company has employees across 1 continents, including Europe.

What is Magnax's official website and social media links?

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Magnax's official website is magnax.com and has social profiles on LinkedInCrunchbase.

What is Magnax's NAICS code?

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Magnax's NAICS code is 3363 - Motor Vehicle Parts Manufacturing.

How many employees does Magnax have currently?

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As of April 2026, Magnax has approximately 27 employees across 1 continents, including Europe. Key team members include CEO: P. L.Co-Founder: K. G.Board Director: F. H.. Explore Magnax's employee directory with LeadIQ.

What industry does Magnax belong to?

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Magnax operates in the Motor Vehicle Parts Manufacturing industry.

What technology does Magnax use?

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Magnax's tech stack includes Siemens NXSquarespace CommerceFont AwesomeSlickScrollRevealHSTSGoogle Tag ManagerTwitter.

What is Magnax's email format?

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Magnax's email format typically follows the pattern of First.Last@magnax.com. Find more Magnax email formats with LeadIQ.

How much funding has Magnax raised to date?

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As of April 2026, Magnax has raised $20M in funding. The last funding round occurred on Aug 23, 2022 for $20M.

When was Magnax founded?

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Magnax was founded in 2015.

Magnax

Motor Vehicle Parts ManufacturingFlanders, Belgium11-50 Employees

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 ground-based e-mobility.

Section iconCompany Overview

Headquarters
100 Evolis Kortrijk, Flanders 8500 Belgium
Website
magnax.com
NAICS Code
3363 - Motor Vehicle Parts Manufacturing
Founded
2015
Employees
11-50

Section iconFunding & Financials

  • $20M

    Magnax has raised a total of $20M of funding over 3 rounds. Their latest funding round was raised on Aug 23, 2022 in the amount of $20M.

  • $1M

    Magnax's revenue is estimated to be in the range of $1M

Section iconFunding & Financials

  • $20M

    Magnax has raised a total of $20M of funding over 3 rounds. Their latest funding round was raised on Aug 23, 2022 in the amount of $20M.

  • $1M

    Magnax's revenue is estimated to be in the range of $1M

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