Belgian developer of axial-flux electric motors for EVs and aerospace propulsion.
| Date | Round | Amount |
|---|---|---|
| Aug 2022 | Funding round Belgian electric-motor maker Magnax raised 20M euros led by BIG Capital, with the Belgian sovereign fund SFPIM, to accelerate EV powertrain development. | $20M |
| Jan 2021 | Series A Belgian motor startup Magnax raised a EUR16M Series A led by Hirschvogel Ventures. | $16M |