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.
Magnax uses 8 technology products and services including ISO, Cart Functionality, Siemens, and more. Explore Magnax's tech stack below.
| Magnax Email Formats | Percentage |
| First.Last@magnax.com | 88% |
| First.Middle.Last@magnax.com | 12% |
Electrical Equipment ManufacturingFlanders, Belgium11-50 Employees
Magnax develops high-performance yokeless axial flux electric motors that redefine efficiency and power density. Our technology enables next-generation industrial systems, robotics, and mobility applications by delivering more power in a smaller, lighter footprint. By bridging European engineering with global manufacturing ecosystems, Magnax accelerates the adoption of axial flux technology across multiple industries.
Company Overview
Funding & FinancialsMagnax 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.
Magnax's revenue is estimated to be in the range of $1M
Funding & FinancialsMagnax 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.
Magnax's revenue is estimated to be in the range of $1M
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