Magnovate Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 3

Employees

  • Latest Deal Type
  • 2ndary - Private

Magnovate General Information

Description

Developer of a magnetic levitation technology designed to transform transportation systems. The company's technology permits the construction of high-speed maglev packet-switching networks, enabling transportation industries with low system costs and the high performance of maglev.

Contact Information

Website
www.magnovate.com
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Corporate Office
  • 75 Nugget Avenue
  • Toronto, Ontario T6G 2M9
  • Canada
Primary Industry
Rail
Vertical(s)
Big Data, Mobility Tech, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 75 Nugget Avenue
  • Toronto, Ontario T6G 2M9
  • Canada

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Magnovate Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Secondary Transaction - Private 01-Jun-2021 Completed Generating Revenue
4. Secondary Transaction - Private Completed Generating Revenue
3. Angel (individual) 19-Aug-2014 Completed Generating Revenue
2. Accelerator/Incubator 19-Dec-2013 $2M Completed Startup
1. Seed Round 19-Aug-2013 $2M $2M Completed Startup
To view Magnovate’s complete valuation and funding history, request access »

Magnovate Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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Magnovate FAQs

  • When was Magnovate founded?

    Magnovate was founded in 2013.

  • Where is Magnovate headquartered?

    Magnovate is headquartered in Toronto, Canada.

  • What is the size of Magnovate?

    Magnovate has 3 total employees.

  • What industry is Magnovate in?

    Magnovate’s primary industry is Rail.

  • Is Magnovate a private or public company?

    Magnovate is a Private company.

  • What is Magnovate’s current revenue?

    The current revenue for Magnovate is .

  • How much funding has Magnovate raised over time?

    Magnovate has raised $3M.

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