MAGNOTHERM

Darmstadt, Hesse, Germany

https://www.magnotherm.com/

Company profile

MAGNOTHERM company profile

Founded in 2019, MAGNOTHERM is a young company headquartered in Darmstadt, near Frankfurt. Our international team of over 40 experts has world-leading expertise in magnetic cooling and magnetocaloric materials. MAGNOTHERM aims to make a significant contribution to reversing the climate crisis and revolutionising the cooling industry, currently responsible for at least 7% of global CO2 equivalent emissions, by developing technology which represents the future of refrigeration and cooling. Our technology allows cooling and heating with low pressure and is up to 30% more energy efficient than current gas compression systems, whilst non-explosive, non-flammable, and low maintenance. We look to meet..... For more information, log in to dureach.com to view the full company profile.

Business identity

Website: https://www.magnotherm.com/
Contact email: [email protected]
Operating status: Active
Company type: For Profit
Employee range: 00011-00050 employees
Revenue range: $1K+
Founded: 2019-01-01

Headquarters

Headquarters: Darmstadt, Hesse, Germany
Postal code: 64297
Country code: DE
Continent: Europe

Capital profile

Funding and company signals

Funding stage: Seed
Funding rounds: 10
Total equity funding: $8.9M
Last funding: Non Equity Assistance / 2024-03-26
Last equity funding: Seed / $6.9M
Investors: 15
Lead investors: 8
Founders: 6
Articles: 7

Categories and groups

3D Printing Advanced Materials Chemical Engineering Data Center Food and Beverage Heating, Ventilation, and Air Conditioning (HVAC)Mechanical Engineering Simulation Food and Beverage Hardware Information Technology Manufacturing Real Estate Science and Engineering Software

Founders and investors

Founders

Dimitri BenkeJeffrey PickettMaximilian FriesOliver GutfleischTimur SirmanTino Gottschall

Lead investors

EIT RawMaterialsESA BIC HessenEuropean Innovation CouncilExtantia CapitalHessenagenturHTGF (High-Tech Gruenderfonds)SpinLab - The HHL AcceleratorThird Derivative

Investors

European CommissionEuropean Innovation CouncilExtantia CapitalHTGF (High-Tech Gruenderfonds)Revent

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