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Magnestar Inc.

Toronto, Canada
Last funding
$1.1M
Pre-SeedJan 2023

A clearing house exchange platform, providing 24/7 signal monitoring to predict when signal interference will occur for space operators.

About Magnestar Inc.

How much funding has Magnestar Inc. raised?

Magnestar Inc. has raised $1.1M in total funding. The most recent round was Pre-Seed. The last funding was announced in January 2023.

Who are Magnestar Inc.'s investors?

Magnestar Inc.'s investors include Entrepreneurs First, Business Development Bank of Canada, Creative Destruction Lab, BoxOne Ventures, 1862 Capital.

Where is Magnestar Inc. headquartered?

Magnestar Inc. is headquartered in Toronto, Canada.

What does Magnestar Inc. do?

A clearing house exchange platform, providing 24/7 signal monitoring to predict when signal interference will occur for space operators.

What stage is Magnestar Inc. at?

Magnestar Inc. is at the Pre-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 .

MLA
"Magnestar Inc. — Funding & Investors." VCBacked, January 10, 2023, https://www.vcbacked.co/company/magnestar-inc. Accessed August 13, 2026.
APA
VCBacked. (2023). Magnestar Inc. — Funding & Investors. Retrieved August 13, 2026, from https://www.vcbacked.co/company/magnestar-inc
Wikipedia (cite web)
{{cite web |title=Magnestar Inc. — Funding & Investors |url=https://www.vcbacked.co/company/magnestar-inc |website=VCBacked |access-date=August 13, 2026}}

Profile data sourced and verified per the VCbacked methodology · Last funding round dated

Founder contacts
m***@magnestar.space
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