Magnax develops axial flux electric motors with extreme power density for next-gen electric vehicles and aircraft
Magnax has raised $40.9M in total funding. The most recent round was Corporate Round. The last funding was announced in April 2026.
Magnax's investors include Foxconn Technology Group, SFPI-FPIM, Torus Capital, Pan-International, Vlerick Group.
Magnax is headquartered in Kortrijk, Belgium.
Magnax develops axial flux electric motors with extreme power density for next-gen electric vehicles and aircraft
Magnax is at the Corporate Round stage.
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"Magnax — Funding & Investors." VCBacked, April 6, 2026, https://www.vcbacked.co/company/magnax. Accessed July 18, 2026.
VCBacked. (2026). Magnax — Funding & Investors. Retrieved July 18, 2026, from https://www.vcbacked.co/company/magnax
{{cite web |title=Magnax — Funding & Investors |url=https://www.vcbacked.co/company/magnax |website=VCBacked |access-date=July 18, 2026}}Profile data sourced and verified per the VCbacked methodology · Last funding round dated