United States · Venture startup

Who invested in MagDrive Technologies

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summaryUpdated 26 Oct 2026

$3.5Mraised across 1 round since 2025, from 1 source

Latest round
Venture, $3.5MJul 2025
Investors
2
See who backed them

The rounds

  1. Jul 2025
    Venture$3.5M

    Source recordedSEC filing: $3.5M sold, first sale Jul 2025

Founders and team

From MagDrive Technologies's own website: 3 founders.

Nick RunyonCo-Founder, CEO
Pete StromCo-Founder, CFO
Steve SanfordCo-Founder, COO

Everyone who backed them

NASACompany1round

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Quick answers about MagDrive Technologies

Who invested in MagDrive Technologies?

MagDrive Technologies's investors include Small Business Innovation Research and NASA.

How much has MagDrive Technologies raised?

MagDrive Technologies has raised $3.5M across 1 round since 2025.

When did MagDrive Technologies last raise?

MagDrive Technologies's most recent round was a Venture of $3.5M in Jul 2025.

What was MagDrive Technologies's biggest round?

Its most recent round, $3.5M in Jul 2025, is also its largest on record.

Who backed MagDrive Technologies first?

MagDrive Technologies's first round on record, in Jul 2025, was backed by Small Business Innovation Research and NASA.

What stage is MagDrive Technologies at?

MagDrive Technologies's latest named round is a Venture, in Jul 2025.

Where is MagDrive Technologies based?

MagDrive Technologies is based in the United States.

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In the same sector, and raised in the last eighteen months.

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