Canada · Pre-seed startup

Who invested in Magnestar Inc.

One round we have observed, with the 3 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.

Govtech

Funding summaryUpdated 26 Oct 2026

$1.1Mraised across 1 round since 2023, from 1 source

Latest round
Pre-seed, $1.1MJan 2023
Investors
3
See who backed them

The rounds

  1. Jan 2023

Everyone who backed them

BDC CapitalVC firm1round
Creative Destruction LabAccelerator1round
Entrepreneur FirstAccelerator1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Magnestar Inc.

Who invested in Magnestar Inc.?

Magnestar Inc.'s investors include BDC Capital, Creative Destruction Lab and Entrepreneur First.

How much has Magnestar Inc. raised?

Magnestar Inc. has raised $1.1M across 1 round since 2023.

When did Magnestar Inc. last raise?

Magnestar Inc.'s most recent round was a Pre-seed of $1.1M in Jan 2023.

What was Magnestar Inc.'s biggest round?

Its most recent round, $1.1M in Jan 2023, is also its largest on record.

Who backed Magnestar Inc. first?

Magnestar Inc.'s first round on record, in Jan 2023, was backed by BDC Capital, Creative Destruction Lab and Entrepreneur First.

What stage is Magnestar Inc. at?

Magnestar Inc.'s latest named round is a Pre-seed, in Jan 2023.

Where is Magnestar Inc. based?

Magnestar Inc. is based in Canada.

Companies like Magnestar Inc.

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

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