Magnovate Overview
- Founded
- 2012
- Status
- Private
- Latest Deal Type
- 2ndary - Private
- Investors
- 1
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 the transportation industry with low system costs and the high performance of maglev.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Rail
Primary Office
- 11421 Saskatchewan Drive
- Edmonton, Alberta T6G 2M9
- Canada
+1 (780) 000-0000
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 |
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 |
Magnovate Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Crosspoint Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 |