Magnax valorizes yokeless axial flux technology in various markets. The company drives value by strategically investing to strengthen the position of its subsidiaries. These companies focus on specific markets, each requiring a unique approach. One is Traxial, which focuses on ground-based e-mobility.


Magnax

We recently closed a €20m funding round and added two new investors: BIG Capital, who led the round, and SFPIM. The proceeds — which bring Magnax’s total capital raised to €36 million — will be used to accelerate product development, grow the engineering team, and expand support for customers and partners. Read the full press release at: www.magnax.com/press/fundinground

3 years ago | [YT] | 0