# Magdrive: B2B, Harwell, United Kingdom

> Magdrive: Magdrive is working on advanced spacecraft propulsion for satellites in Low Earth Orbit (LEO). Based in Harwell, United Kingdom. Founded 2019.

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

United Kingdom · [B2B startup](https://millionrounds.com/companies)

# Magdrive

Magdrive is working on advanced spacecraft propulsion for satellites in Low Earth Orbit (LEO).

Funding reported Last round: Non equity assistance

B2B Harwell, United Kingdom

Company summary

- **Founded:** 2019 7 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 10.5M as listed, currency not stated
- **Last round:** Non equity assistance Sept 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Magdrive has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Magdrive raised

Funding, as reported

Reported in all **10.5M** in the source's currency

Rounds **3**

Last round **Non equity assistance**

Last round date **Sept 2022**

Investors listed **5**

## B2B in United Kingdom

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