Insights

Niche Power Magnax specializes in yokeless axial flux electric motors, offering high power density and efficiency that can appeal to robotics, aerospace, and mobility sectors seeking compact, lightweight drive solutions.

Sustainable Edge Recent emphasis on recycled magnets in advanced motors positions Magnax as a supplier for customers prioritizing sustainable sourcing and circular economy practices.

European Expertise Bridging European engineering with global manufacturing, Magnax can help regional OEMs reduce supply chain risk by localizing advanced motor production and leveraging EU-based collaboration.

Strategic Growth With Traxial as its e-mobility subsidiary and notable funding history, Magnax presents opportunities to co-develop and co-fund next‑gen motor systems for robotics, e-mobility, and industrial automation.

Financial Traction Although revenue is modest, Magnax has attracted multi-million funding rounds and influential investors, signaling readiness to scale pilot projects and provide named collaborations for early-adopter customers.

Similar companies to Magnax

Magnax Tech Stack

Magnax uses 8 technology products and services including ISO, Cart Functionality, Siemens, and more. Explore Magnax's tech stack below.

  • ISO
    Certificates
  • Cart Functionality
    E-commerce
  • Siemens
    IT
  • jQuery
    Javascript Libraries
  • National Instruments
    Miscellaneous
  • Python
    Programming Languages
  • Google Tag Manager
    Tag Management
  • Google Plus
    Widgets

Magnax's Email Address Formats

Magnax uses at least 1 format(s):
Magnax Email FormatsExamplePercentage
First.Last@magnax.comJohn.Doe@magnax.com
88%
First.Middle.Last@magnax.comJohn.Michael.Doe@magnax.com
12%

Frequently Asked Questions

Where is Magnax's headquarters located?

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Magnax's main headquarters is located at 100 Evolis Kortrijk, Flanders 8500 Belgium. The company has employees across 1 continents, including Europe.

What is Magnax's official website and social media links?

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Magnax's official website is magnax.com and has social profiles on LinkedInCrunchbase.

What is Magnax's NAICS code?

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Magnax's NAICS code is 3353 - Electrical Equipment Manufacturing.

How many employees does Magnax have currently?

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As of May 2026, Magnax has approximately 28 employees across 1 continents, including Europe. Key team members include CEO: P. L.Co-Founder: K. G.Board Director: F. H.. Explore Magnax's employee directory with LeadIQ.

What industry does Magnax belong to?

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Magnax operates in the Electrical Equipment Manufacturing industry.

What technology does Magnax use?

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Magnax's tech stack includes ISOCart FunctionalitySiemensjQueryNational InstrumentsPythonGoogle Tag ManagerGoogle Plus.

What is Magnax's email format?

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Magnax's email format typically follows the pattern of First.Last@magnax.com. Find more Magnax email formats with LeadIQ.

How much funding has Magnax raised to date?

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As of May 2026, Magnax has raised $20M in funding. The last funding round occurred on Aug 23, 2022 for $20M.

When was Magnax founded?

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Magnax was founded in 2015.
Magnax logo

Magnax

Electrical Equipment ManufacturingFlanders, Belgium11-50 Employees

Magnax is a Belgium-based engineering company in the electrical equipment manufacturing sector, located in Kortrijk, Flanders. It designs axial-flux electric motors built without a conventional yoke, targeting high efficiency and power density. These motors offer greater power in a smaller, lighter form factor, supporting next-generation industrial systems, robotics, and mobility applications. The firm combines European engineering expertise with global manufacturing networks to broaden the adoption of axial-flux technology across industries.

In 2025, Magnax announced a collaboration with Traxial, its e-mobility subsidiary, to develop advanced motors that incorporate recycled magnets.

Section iconCompany Overview

Headquarters
100 Evolis Kortrijk, Flanders 8500 Belgium
Website
magnax.com
NAICS Code
3353 - Electrical Equipment Manufacturing
Founded
2015
Employees
11-50

Section iconFunding & Financials

  • $20M

    Magnax has raised a total of $20M of funding over 3 rounds. Their latest funding round was raised on Aug 23, 2022 in the amount of $20M.

  • $1M

    Magnax's revenue is estimated to be in the range of $1M

Section iconFunding & Financials

  • $20M

    Magnax has raised a total of $20M of funding over 3 rounds. Their latest funding round was raised on Aug 23, 2022 in the amount of $20M.

  • $1M

    Magnax's revenue is estimated to be in the range of $1M

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