Insights

Innovative Technology Magnax specializes in yokeless axial flux motor technology, offering advanced electric motor solutions that differentiate it from traditional motor manufacturers. This focus on innovative tech positions them as a potential partner or supplier for companies seeking high-efficiency, cutting-edge electric propulsion systems.

Strategic Market Focus The company's subsidiary Traxial targets ground-based e-mobility markets, indicating opportunities for collaborations or sales within the rapidly expanding electric vehicle and e-mobility sectors looking for specialized motor hardware.

Recent Funding Growth Having secured over $20 million in series funding, Magnax demonstrates strong financial backing and growth potential, making them a reliable partner for technology integrations or joint ventures in electric motor development projects.

Research and Collaboration With a history of collaboration with Ghent University and ongoing research into axial flux technology, Magnax highlights a strong R&D focus—creating opportunities for partnerships, technology licensing, or co-development initiatives.

Expanding Market Presence Launch of Traxial in 2021 and recent funding rounds indicate active expansion efforts and product development, presenting sales opportunities for advanced motor components and systems in the growing e-mobility industry.

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
44%
First.Middle.Last@magnax.comJohn.Michael.Doe@magnax.com
6%
First.Last@magnax.comJohn.Doe@magnax.com
44%
First.Middle.Last@magnax.comJohn.Michael.Doe@magnax.com
6%

Frequently Asked Questions

Where is Magnax's headquarters located?

Minus sign iconPlus sign icon
Magnax's main headquarters is located at Evolis 100, Kortrijk, West-Vlaanderen 8500, BE. The company has employees across 1 continents, including Europe.

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

Minus sign iconPlus sign icon
Magnax's official website is magnax.com and has social profiles on LinkedInCrunchbase.

What is Magnax's NAICS code?

Minus sign iconPlus sign icon
Magnax's NAICS code is 3363 - Motor Vehicle Parts Manufacturing.

How many employees does Magnax have currently?

Minus sign iconPlus sign icon
As of October 2025, Magnax has approximately 25 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?

Minus sign iconPlus sign icon
Magnax operates in the Motor Vehicle Parts Manufacturing industry.

What technology does Magnax use?

Minus sign iconPlus sign icon
Magnax's tech stack includes Siemens NXSquarespace CommerceFont AwesomeSlickScrollRevealHSTSGoogle Tag ManagerTwitter.

What is Magnax's email format?

Minus sign iconPlus sign icon
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?

Minus sign iconPlus sign icon
As of October 2025, Magnax has raised $20M in funding. The last funding round occurred on Aug 23, 2022 for $20M.

When was Magnax founded?

Minus sign iconPlus sign icon
Magnax was founded in 2015.
Magnax

Magnax

Motor Vehicle Parts ManufacturingBelgium11-50 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
Evolis 100, Kortrijk, West-Vlaanderen 8500, BE
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

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.