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Energy Tech Series C Founded 2015

Magnax

Platform offering axial flux motors for electric vehicles

📍 Kortrijk, Belgium · Electric Vehicles

Funding snapshot

Last roundSeries C
Amount$41M
Date6 April 2026

About

Platform offering axial flux motors for electric vehicles. It develops various models of motors like AXF250-X, and AXF250-S involving axial flux technology. It offers features like lightweight, peak power densities of 15 kW/kg, an oil cooling system, etc. The product offered has more power density and more vehicle range.

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