Company Directory / electrical/electronic manufacturing
PrivateFor profitelectrical/electronic manufacturingKortrijk, Belgium
Magnax
Magnax develops axial flux electric motors with extreme power density for next-gen electric vehicles and aircraft
- Founded
- 2015 11 years ago
- Staff
- 11-50 band, as listed
- Followers
- - on LinkedIn
- Funding
- $41M as listed, currency not stated
Set against six million companies
Size
11-50 people: larger than 33% of companies with a size listed
Age
11 years old.
Reach
Website ranked #8,301,169 in the world for traffic, about 578 visits a month.
What it does
AerospaceAir TransportationAutomotiveElectric Vehicle
Funding, as listed
$41M currency not stated
- Rounds3
- LatestSeries unknown, Aug 2022
- Investors4, 1 leading
What the source datasets report. We have not watched these rounds ourselves.
Every detail we hold
Everything the source datasets list about Magnax, field by field. Contact details are held but never shown.
The company
- Name
- Magnax
- Type
- For profit
- Status
- Private
- Founded
- 2015
- Founders
- Daan Moreels, Kester Goh, Peter Leijnen
- Industry
- electrical/electronic manufacturing
- Categories
- Aerospace, Air Transportation, Automotive, Electric Vehicle
Where
- City
- Kortrijk
- Country
- Belgium
- Markets
- European Union (EU), Europe, Middle East, and Africa (EMEA)
Size and reach
- Staff band
- 11-50
- Web traffic rank
- #8,301,169
- Monthly web visits
- 578
Funding, as listed
- Total
- 40,904,885 (currency not stated)
- Rounds
- 3
- Latest round
- Series unknown
- Latest round date
- Aug 2022
- Investors
- 4
- Lead investors
- 1
- Listing status
- private
About this record
- Sources
- Crunchbase
- Last imported
- Sept 2026
Growth, as the source summarises it
Magnax may be growing as it is listed among companies in the axial flux motor market, which is reported to grow at substantial rates during the forecast period. The inclusion of Magnax in a 94-page industry report suggests that the company is a recognized player in the market. Furthermore, the axial flux motor market's growth trajectory implies potential increases in demand for Magnax's products, which could positively impact its revenue and market share.
Summaries written by the source dataset, not by us, and not checked.
Companies like it
electrical/electronic manufacturing in Belgium.
From the company datasets we hold (Crunchbase, LinkedIn and Apollo listings), as listed there; 36,920 companies in Belgium and 5,926,251 in all. We hold no contact details for public display. Correct this, or ask for it to be removed.