Magnovate Overview

  • Founded
  • 2012
  • Status
  • Private
  • Latest Deal Type
  • 2ndary - Private
  • Investors
  • 1

Magnovate General Information


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 the transportation industry with low system costs and the high performance of maglev.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Primary Office
  • 11421 Saskatchewan Drive
  • Edmonton, Alberta T6G 2M9
  • Canada
+1 (780) 000-0000
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Magnovate Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Secondary Transaction - Private 000 Completed Generating Revenue
2. Seed Round 19-Aug-2013 000 000 Completed Generating Revenue
1. Accelerator/Incubator 19-Dec-2012 Completed Generating Revenue
To view Magnovate’s complete valuation and funding history, request access »

Magnovate Executive Team (3)

Name Title Board Seat Contact Info
Dan Corns Founder, President and Chief Executive Officer
Peter Hackett Ph.D Chief Strategist
Bill Russo Advisor
To view Magnovate’s complete executive team members history, request access »

Magnovate Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Crosspoint Venture Partners Venture Capital Minority 000 0000 000000 0
To view Magnovate’s complete investors history, request access »