# Magdrive funding: rounds and investors

> Magdrive has raised $13M across 2 rounds since 2025. Investors include Alumni Ventures, Founders Fund and Creative Destruction Lab. Every round with its source.

Source: https://millionrounds.com/company/magdrive (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Magdrive*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$13M** raised across 2 rounds since 2025, from 2 sources

**$11M** Seed **$2.7M** Grant

- **Latest round:** Grant, $2.7M Dec 2025
- **Biggest round:** $11M Seed · Feb 2025
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$11M** Seed

**$2.7M** Grant

- **First round:** Seed, $11M
- **Biggest round:** $11M
- **Between rounds:** 10 months

## The rounds

- **Dec 2025** Grant **$2.7M** *4 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) Source recorded
- **Feb 2025** Seed **$11M** *5 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [7percent Ventures](https://millionrounds.com/fund/7percent-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2025 **Grant** 2025 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [7percent Ventures](https://millionrounds.com/fund/7percent-ventures)

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **2** rounds

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **2** rounds

[Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) Accelerator **2** rounds

[Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) Accelerator **2** rounds

[7percent Ventures](https://millionrounds.com/fund/7percent-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magdrive).

## Quick answers about Magdrive

### Who invested in Magdrive?

Magdrive's investors include Alumni Ventures, Founders Fund, Creative Destruction Lab, Entrepreneur First and 7percent Ventures.

### How much has Magdrive raised?

Magdrive has raised $13M across 2 rounds since 2025.

### When did Magdrive last raise?

Magdrive's most recent round was a Grant of $2.7M in Dec 2025.

### What was Magdrive's biggest round?

Magdrive's largest round on record is $11M (Seed), in Feb 2025.

### Who backed Magdrive first?

Magdrive's first round on record, in Feb 2025, was backed by Alumni Ventures, Founders Fund and Creative Destruction Lab and 2 others.

### What stage is Magdrive at?

Magdrive's latest named round is a Grant, in Dec 2025.

### Where is Magdrive based?

Magdrive is based in the United Kingdom.

## Companies like Magdrive

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

[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Myneral Labs** $24M · May 2026](https://millionrounds.com/company/myneral-labs)[**Vector** $91M · May 2026](https://millionrounds.com/company/vector)[**Happl** $8.0M · May 2026](https://millionrounds.com/company/happl)[**Sift** $64M · Mar 2026](https://millionrounds.com/company/sift)[**Trigger.dev** $17M · Dec 2025](https://millionrounds.com/company/trigger-dev)

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