Magnax develops yokeless axial flux motor technology that delivers high torque in a compact, lightweight package compared with radial machines. It licenses and supplies designs to automotive, aerospace and industrial manufacturers.
Axial flux electric motors offering high power density for vehicles and industry
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€35,500,000
Total raised
-
Valuation
28
Employees
2015
Founded
Latest round
Series B - April 1, 2026
Series B - €35,500,000
April 1, 2026
Foxconn
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