Magnes Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 14

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $3M

  • Investors
  • 6

Magnes General Information

Description

Developer of disruptive smart shoes intended to analyze and monitor the walk patterns of patients with neurological disorders. The company's sneaker shoes use state-of-the-art sensors to collect data while the patient is walking or doing daily activities and generate automatic reports with direct feedback on their gait or warn/prevent situations like falling, enabling patients to improve efficacy by enabling data-driven therapy through tailored medication dosage and unprecedented biomechanical analytics.

Contact Information

Website
www.magnes.ch
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Hardturmstrasse 253
  • 5th floor
  • 8005 Zurich
  • Switzerland
+41 044
Primary Industry
Monitoring Equipment
Other Industries
Other Healthcare Technology Systems
Therapeutic Devices
Vertical(s)
LOHAS & Wellness, Digital Health, Wearables & Quantified Self, HealthTech
Corporate Office
  • Hardturmstrasse 253
  • 5th floor
  • 8005 Zurich
  • Switzerland
+41 044

Magnes Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Magnes Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC $3M Completed Generating Revenue
10. Angel (individual) 27-Jun-2023 Completed Generating Revenue
9. Later Stage VC 31-Aug-2022 Completed Generating Revenue
8. Seed Round 07-Dec-2018 Completed Product Development
7. Grant 20-Feb-2018 Completed Generating Revenue
6. Accelerator/Incubator 30-Nov-2016 Completed Startup
5. Angel (individual) 18-Nov-2016 Completed Generating Revenue
4. Accelerator/Incubator 02-Mar-2016 Completed Product Development
3. Grant 31-Dec-2015 $1.4M Completed Product Development
2. Grant 31-Dec-2014 $150K Completed Startup
To view Magnes’s complete valuation and funding history, request access »

Magnes Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
Ordinary
Ordinary 139,200 $0.104466 $3.76 $3.76 1x $3.76 8.39%
Ordinary 112,000 $0.104466 $2.8 $2.8 1x $2.8 6.75%
To view Magnes’s complete cap table history, request access »

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Magnes Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 6

    Pending

  • Expiring in next 12 mo

Magnes Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202207798-D0 Intervention based on detected gait kinematics Pending 26-May-2022
GB-2619069-A Intervention based on detected gait kinematics Pending 26-May-2022
EP-4531654-A1 Intervention based on detected gait kinematics Pending 26-May-2022
GB-202018645-D0 Sensory stimulation Inactive 26-Nov-2020
GB-2602250-A Sensory stimulation Inactive 26-Nov-2020 A61B5/112
To view Magnes’s complete patent history, request access »

Magnes Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Magnes Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
SICTIC Accelerator/Incubator Minority
Eurostars Other
DayOne Accelerator Accelerator/Incubator
Venture Kick Accelerator/Incubator
Horizon 2020 Government
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Magnes FAQs

  • When was Magnes founded?

    Magnes was founded in 2014.

  • Where is Magnes headquartered?

    Magnes is headquartered in Zurich, Switzerland.

  • What is the size of Magnes?

    Magnes has 14 total employees.

  • What industry is Magnes in?

    Magnes’s primary industry is Monitoring Equipment.

  • Is Magnes a private or public company?

    Magnes is a Private company.

  • What is Magnes’s current revenue?

    The current revenue for Magnes is .

  • How much funding has Magnes raised over time?

    Magnes has raised $6.03M.

  • Who are Magnes’s investors?

    SICTIC, Eurostars, DayOne Accelerator, Venture Kick, and Horizon 2020 are 5 of 6 investors who have invested in Magnes.

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