
United Kingdom · Logistics & supply chain startup
Magway is a zero-emission developer of goods transport systems based in Wembley, London.
Funding reportedLast round: Convertible note
Magway is a zero-emission developer of goods transport systems based in Wembley, London.
The company utilizes magnetic propulsion technology and linear motors to create an innovative, all-electric solution for moving goods through underground or overground pipelines. Their sustainable goods transport system features patented electric linear motors that propel small carriages along a network of 1-meter diameter pipes, functioning as a "physical internet" for efficient delivery. Magway's technology is designed for sectors that rely on heavy goods logistics, including construction, mining, and e-commerce. The system is energy-efficient, requiring less than 80% of the energy compared to traditional methods, and operates without batteries or fuel, producing zero emissions. By linking consolidation centers with local distribution hubs, Magway facilitates last-mile delivery while reducing urban vehicle congestion. The company is committed to supporting global net-zero targets by 2050 through its resource-efficient solutions.
Funding, as reported
Magway filed 4 raises, $1.5M in all. Filings say how much was sold and to how many investors; they never name the investors.
What they build
Known for
underground goods movementreal-time trackingconsumersenvironmentally friendlyautomated cartsdistributionmanufacturingcarbon footprint reductioneconomic growthmiddle mileconstruction & real estatezero-emission transportgrocery deliverybulk material handlinginformation technology & serviceslow operating costs
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