Egypt · Investor

Magma

Last cheque observed Mar 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietCompanyWebsite unconfirmed

Series BSeries CSeedSportswearActivewearGym Wear

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque2776days00hrs00min00sec
Median round$25MRounds led0 of 7Mostly inUnited States, 71%
Pitch Magma

Magma highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Series B and Series C: 86% of its rounds

What they do

Type
Company
Cheque size
Not stated
Sectors
SportswearActivewearGym Wear
Based in
Egypt
Cold pitches
Not accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. Tell us the right one.

The record

Every round we can evidence, newest first7 appearances

  1. 2019

    1 round

  2. Mar
    GuestySeries C · US · FinSMEs$35MWith 5 others
  3. 2018

    5 rounds

  4. Dec
    AvananSeries B · US · FinSMEs$25MWith 2 others
  5. Aug
    IndegySeries B · US · FinSMEs$18MWith 5 others
  6. Apr
    ScyllaDBSeries C · US · FinSMEs$10MWith 3 others
  7. Apr
    ApplitoolsSeries C · US · FinSMEs$31MWith 3 others
  8. Jan
    CylusSeed · IL · FinSMEs$4.7MWith 3 others
  9. 2017

    1 round

  10. Jul
    iguazioSeries B · IL · FinSMEs$33MWith 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

Who they invest alongside

The investors most often in the same rounds as Magma. A count of rooms they were both in, not a relationship either has claimed.

VertexHedge fund2rounds together

Recently backed

The latest companies Magma put money into.

Avanan$25M · Dec 2018Indegy$18M · Aug 2018ScyllaDB$10M · Apr 2018Applitools$31M · Apr 2018

Quick answers about Magma

What does Magma invest in?

Magma invests most often at Series B and Series C (86% of the rounds on record), in sectors such as Sportswear, Activewear and Gym Wear.

How active is Magma?

7 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2019.

What has Magma invested in recently?

Its most recent investments on record: Guesty (Series C, Mar 2019), Avanan (Series B, Dec 2018) and Indegy (Series B, Aug 2018).

How big are Magma's cheques?

The median round it joins is $25M.

Does Magma lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does Magma invest?

Most of the companies it backs are in the United States (71%) and Israel (29%).

Is Magma investing now?

No investments in the last 12 months; the latest was in Mar 2019.

Who does Magma invest alongside?

Most often Vertex (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it