Magnefy Overview

  • Year Founded
  • 2024

Year Founded

  • Status
  • Private

  • Employees
  • 4

Employees

  • Latest Deal Type
  • Seed
  • (Upcoming)

  • Investors
  • 20

Magnefy General Information

Description

Developer of an edge intelligence platform designed to monitor the condition of critical power infrastructure. The company's platform offers magnetic sensing, edge computing, machine learning, continuous asset health assessment, and predictive maintenance capabilities, enabling utilities, data centers, and energy operators to detect equipment anomalies, optimize asset management, and reduce maintenance and replacement costs.

Contact Information

Website
www.magnefy.com
Formerly Known As
Infinion Technology
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1635 Marina Court
  • Unit D
  • San Mateo, CA
  • United States
+1 (510)
Primary Industry
Electronic Equipment and Instruments
Other Industries
Business/Productivity Software
Vertical(s)
Nanotechnology, Infrastructure, Climate Tech, Industrials, Artificial Intelligence & Machine Learning, Internet of Things
Corporate Office
  • 1635 Marina Court
  • Unit D
  • San Mateo, CA
  • United States
+1 (510)

Magnefy Timeline

202520262027
Financing RoundCaptured Employee CountEstimated Employee Growth

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Magnefy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Seed Round 01-Dec-2027 Upcoming Generating Revenue
9. Accelerator/Incubator 04-Aug-2026 Completed Generating Revenue
8. Accelerator/Incubator 18-Jun-2026 Completed Generating Revenue
7. Accelerator/Incubator 02-Jun-2026 Completed Generating Revenue
6. Seed Round 04-Aug-2025 Completed Generating Revenue
5. Grant 03-Jul-2025 Completed Generating Revenue
4. Accelerator/Incubator 01-Jul-2025 Completed Generating Revenue
3. Accelerator/Incubator Completed Generating Revenue
2. Seed Round 18-Jul-2024 $100K $100K Completed Generating Revenue
1. University Spin-Out Completed Generating Revenue
To view Magnefy’s complete valuation and funding history, request access »

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Magnefy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an edge intelligence platform designed to monitor the condition of critical power infrastructure. The compa
Electronic Equipment and Instruments
San Mateo, CA
4 As of 2026

West Chester, PA
 

San Diego, CA
 
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Magnefy Competitors (5)

One of Magnefy’s 5 competitors is Fischer Block, a Venture Capital-Backed company based in West Chester, PA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Fischer Block Venture Capital-Backed West Chester, PA
VIE Technologies Venture Capital-Backed San Diego, CA
Sensible Photonics Accelerator/Incubator Backed Allison Park, PA
Doble Engineering Corporate Backed or Acquired Marlborough, MA
Oktogrid Venture Capital-Backed Copenhagen, Denmark
You’re viewing 5 of 5 competitors. Get the full list »

Magnefy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Magnefy Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds
Energy Laboratory Accelerator/Incubator
DeltaClimeVT Accelerator/Incubator
gener8tor Accelerator/Incubator
Antler Venture Capital Minority
Climate Capital Venture Capital Minority
You’re viewing 5 of 20 investors. Get the full list »

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Magnefy FAQs

  • When was Magnefy founded?

    Magnefy was founded in 2024.

  • Where is Magnefy headquartered?

    Magnefy is headquartered in San Mateo, CA.

  • What is the size of Magnefy?

    Magnefy has 4 total employees.

  • What industry is Magnefy in?

    Magnefy’s primary industry is Electronic Equipment and Instruments.

  • Is Magnefy a private or public company?

    Magnefy is a Private company.

  • What is Magnefy’s current revenue?

    The current revenue for Magnefy is .

  • How much funding has Magnefy raised over time?

    Magnefy has raised $2.02M.

  • Who are Magnefy’s investors?

    Energy Laboratory, DeltaClimeVT, gener8tor, Antler, and Climate Capital are 5 of 20 investors who have invested in Magnefy.

  • Who are Magnefy’s competitors?

    Fischer Block, VIE Technologies, Sensible Photonics, Doble Engineering, and Oktogrid are competitors of Magnefy.

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