# magnoric: Mechanical or industrial engineering, Duppigheim, France

> magnoric: Magnoric is a French-German technology startup founded in 2019, specializing in the design and manufacture of high-performance...

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

France · [Mechanical or industrial engineering startup](https://millionrounds.com/companies)

# magnoric

Magnoric is a French-German technology startup founded in 2019, specializing in the design and manufacture of high-performance magnetocaloric-powered cooling systems and waste heat recovery devices.

Funding reported Last round: Seed

Mechanical or industrial engineering Duppigheim, France

Company summary

- **Founded:** 2019 7 years old
- **Team:** 20 11 to 50 people
- **Funding reported:** 12.5M as listed, currency not stated
- **Last round:** Seed Jan 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 magnoric 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)

## About magnoric

Magnoric is a French-German technology startup founded in 2019, specializing in the design and manufacture of high-performance magnetocaloric-powered cooling systems and waste heat recovery devices.

The company focuses on eco-friendly refrigeration technology that operates without refrigerant gases, achieving up to 50% less energy consumption compared to traditional gas compressor systems. Headquartered in Duppigheim, France, Magnoric offers two main product lines: magnetocaloric chillers for industrial and commercial cooling, and waste heat recovery devices that convert low-grade heat into electrical energy. Their systems are designed to enhance energy efficiency and sustainability in various sectors, including supermarkets, data centers, and industrial processes. The company is committed to establishing magnetic cooling as a new global standard for refrigeration and energy conversion.

## What company datasets say magnoric raised

Funding, as reported

Reported in all **12.5M** in the source's currency

Last round **Seed**

Last round date **Jan 2022**

## The company, in detail

What they build

Known for

clean energy & technology greentech mcm deta t test bench environmental services iiriif work group magnetic refrigeration heat pumps magnetic heating magnetocaloric materials renewables & environment standardisation eu global permanent magnet systems magnetic cooling magnetic refrigeration wasted heat recovery renewable energy

Built with from their website

CloudFlare Viewport Meta Digital Ocean Spaces Google Cloud Hosting CloudFlare CDN Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly Cloudflare DNS HTTP/3

+5 more

Microsoft Exchange Online AMP Microsoft 365 Outlook Microsoft Email Providers

- **Sector:** Mechanical or industrial engineering
- **Industry code:** NAICS 333415, 541715
- **Region:** Grand Est
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/magnoric)

## Mechanical or industrial engineering in France

Startups like it

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- [**EXOES** Gradignan · founded 2009](https://millionrounds.com/startup/exoes)
- [**Eco-Tech Ceram** Balma · founded 2014](https://millionrounds.com/startup/eco-tech-ceram)
- [**Eyco** Trets · founded 2020](https://millionrounds.com/startup/eyco)
- [**HEXANA** Aix-en-Provence · founded 2023](https://millionrounds.com/startup/hexana)
- [**BASTILLE** Lacour-d'Arcenay](https://millionrounds.com/startup/bastille-3)

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