Magdrive

Harwell, United Kingdom

Magdrive is working on advanced spacecraft propulsion for satellites in Low Earth Orbit (LEO).

$10.5M raised

Feb 2025

Seed

Top Investors

Alumni VenturesFounders FundEntrepreneurs First7percent VenturesCreative Destruction Lab (CDL)

19,000+ verified contacts

Emails, phones & LinkedIn profiles

How much funding has Magdrive raised?

Magdrive has raised $10.5M in total funding. The most recent round was Seed. The last funding was announced in February 2025.

Who are Magdrive's investors?

Magdrive's investors include Alumni Ventures, Founders Fund, Entrepreneurs First, 7percent Ventures, Creative Destruction Lab (CDL).

Where is Magdrive headquartered?

Magdrive is headquartered in Harwell, United Kingdom.

What does Magdrive do?

Magdrive is working on advanced spacecraft propulsion for satellites in Low Earth Orbit (LEO).

What stage is Magdrive at?

Magdrive is at the Seed stage.

Cite this page

Free to use in articles, research, and reference works. Stable URL — will not change. Data on this page last updated February 25, 2025.

MLA

"Magdrive — Funding & Investors." VCBacked, February 25, 2025, https://www.vcbacked.co/company/magdrive. Accessed June 4, 2026.

APA

VCBacked. (2025). Magdrive — Funding & Investors. Retrieved June 4, 2026, from https://www.vcbacked.co/company/magdrive

Wikipedia (cite web)

{{cite web |title=Magdrive — Funding & Investors |url=https://www.vcbacked.co/company/magdrive |website=VCBacked |access-date=June 4, 2026}}

Profile data sourced and verified per the VCBacked methodology. Last funding round dated February 25, 2025.