MagnoTherm Solutions
Latest round
- Seed
Last raised
- Jul 2023
Total raised
- $6.9M
Investors
- 7
About MagnoTherm Solutions
Based in Germany, and founded in 2019, MagnoTherm Solutions GmbH provides heating and cooling solutions using magnetic material. As of 2023, the company is headed by its CEO Dr. Max Fries. R. Wobser Beteiligungs-GmbH and Revent. The company offers cooling and heating solutions that are based on magnetic materials. The firm’s technology enables customers to replace the conventional gas compression cycle with a magnetic refrigeration cycle. It also offers magnetic cooling systems for room temperature applications and hydrogen liquefaction plants. The firm solution offering includes Polaris which is a magnetic beverage cooler. Additionally, it provides MS 90 which is a materials testbench for testing magnetocaloric materials under real-time conditions. Furthermore, the firm provides MS 30 which demonstrates the magnetocaloric effect.
Who invested in MagnoTherm Solutions
7 investors across 1 round
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Funding rounds
Seed
Jul 6, 2023
Amount
$6.9M
Investors
Questions about MagnoTherm Solutions
Who invested in MagnoTherm Solutions?
MagnoTherm Solutions has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MagnoTherm Solutions raised?
MagnoTherm Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MagnoTherm Solutions last raise money?
MagnoTherm Solutions's most recent round on record is a Seed, in Jul 2023.
What does MagnoTherm Solutions do?
Based in Germany, and founded in 2019, MagnoTherm Solutions GmbH provides heating and cooling solutions using magnetic material.
Where is MagnoTherm Solutions headquartered?
MagnoTherm Solutions is headquartered in Darmstadt, Germany.
Which VCs invest in companies like MagnoTherm Solutions?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back heating, cooling & ventilation equipment and services companies at MagnoTherm Solutions's stage. Their profiles are linked below.
VCs backing heating, cooling & ventilation equipment and services startups at Seed
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