Magma (Clothing) Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Latest Deal Type
  • Buyout/​LBO

  • Investors
  • 1

Magma (Clothing) General Information

Description

Operator of an e-commerce platform intended to provide athletes with sportswear. The company focuses on technology and advanced research and development that works on developing fabrics featuring breathability, antibacterial properties, odor resistance, fast drying, and sweat-wicking properties, enabling customers to be empowered and compete globally.

Contact Information

Website
www.magmasportswear.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 108.04 km Cairo Festival City Mall
  • Cairo Festival City, Ring Road
  • Cairo Egypt
Primary Industry
Clothing
Other Industries
Specialty Retail
Vertical(s)
E-Commerce
Corporate Office
  • 108.04 km Cairo Festival City Mall
  • Cairo Festival City, Ring Road
  • Cairo Egypt

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Magma (Clothing) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Buyout/LBO (MBO) 20-Jul-2022 Completed Generating Revenue
To view Magma (Clothing)’s complete valuation and funding history, request access »

Magma (Clothing) Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Averroes Ventures Venture Capital Majority
To view Magma (Clothing)’s complete investors history, request access »

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Magma (Clothing) FAQs

  • When was Magma (Clothing) founded?

    Magma (Clothing) was founded in 2016.

  • Where is Magma (Clothing) headquartered?

    Magma (Clothing) is headquartered in Cairo, Egypt.

  • What industry is Magma (Clothing) in?

    Magma (Clothing)’s primary industry is Clothing.

  • Is Magma (Clothing) a private or public company?

    Magma (Clothing) is a Private company.

  • What is Magma (Clothing)’s current revenue?

    The current revenue for Magma (Clothing) is .

  • Who are Magma (Clothing)’s investors?

    Averroes Ventures has invested in Magma (Clothing).

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