Magene Technology Overview
- Year Founded
-
2015
- Status
-
IPO Registration
- Employees
-
900
- Latest Deal Type
-
IPO
- (Announced)
- Investors
-
7
Magene Technology General Information
Description
Developer of intelligent cycling hardware and software solutions designed for indoor and outdoor cycling enthusiasts. The company offers a range of products including indoor smart trainers, outdoor cycling terminals, intelligent drive systems, and integrated software platforms, enabling cyclists to access high-precision sensing, motion algorithms, and multi-dimensional data interconnection for an enhanced training experience.
Contact Information
Website
www.magene.cnCorporate Office
- No. 126, Shuyu Road, Xiazhuang Street
- Chengyang District
- Qingdao, Shandong 266107
- China
Corporate Office
- No. 126, Shuyu Road, Xiazhuang Street
- Chengyang District
- Qingdao, Shandong 266107
- China
Magene Technology Timeline
Magene Technology Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. IPO | 29-May-2026 | Announced | Profitable | |||
| 14. Secondary Transaction - Private | 12-May-2026 | Completed | Profitable | |||
| 13. Later Stage VC | 19-Dec-2025 | Completed | Profitable | |||
| 12. Secondary Transaction - Private | 19-Dec-2025 | Completed | Profitable | |||
| 11. Secondary Transaction - Private | 26-Sep-2024 | Completed | Profitable | |||
| 10. Later Stage VC | 21-Apr-2023 | Completed | Generating Revenue | |||
| 9. Secondary Transaction - Private | 21-Apr-2023 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 07-Sep-2021 | Completed | Generating Revenue | |||
| 7. Secondary Transaction - Private | 07-Sep-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 08-May-2021 | Completed | Generating Revenue |
Magene Technology Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary |
Magene Technology Patents
Magene Technology Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2025260516-A1 | Electronic derailleur | Pending | 21-Jun-2024 | ||
| WO-2025152432-A1 | Electronic transmission and riding apparatus | Pending | 16-Jan-2024 | ||
| WO-2025036278-A1 | Bicycle operating device and bicycle | Inactive | 15-Aug-2023 | ||
| WO-2024260475-A1 | Electronic rear derailleur of bicycle | Inactive | 21-Jun-2023 | ||
| US-20260335743-A1 | Embedded single-iron-core variable-resistance bike trainer | Pending | 31-Aug-2022 | A63B69/16 |
Magene Technology Signals
Magene Technology Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Shanghai Rongtai Health Technology Corporation | Corporation | Minority | ||
| Shanghai Zibin Investment Management | Venture Capital | Minority | ||
| Vision Knight Capital | Venture Capital | Minority | ||
| Hubble Investment | Corporate Venture Capital | Minority | ||
| Jingbang Capital | Venture Capital | Minority |
Magene Technology FAQs
-
When was Magene Technology founded?
Magene Technology was founded in 2015.
-
Where is Magene Technology headquartered?
Magene Technology is headquartered in Qingdao, China.
-
What is the size of Magene Technology?
Magene Technology has 900 total employees.
-
What industry is Magene Technology in?
Magene Technology’s primary industry is Recreational Goods.
-
Is Magene Technology a private or public company?
Magene Technology is a Private company.
-
What is Magene Technology’s current revenue?
The current revenue for Magene Technology is .
-
How much funding has Magene Technology raised over time?
Magene Technology has raised $11.1M.
-
Who are Magene Technology’s investors?
Shanghai Rongtai Health Technology Corporation, Shanghai Zibin Investment Management, Vision Knight Capital, Hubble Investment, and Jingbang Capital are 5 of 7 investors who have invested in Magene Technology.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process