Magway
Rail, Bus & Taxi · United Kingdom · 11-50 Employees
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Overview
Headquarters
2 Courtenay Road East Lane Business Park...Phone Number
+44 2039728662Website
www.magway.comRevenue
$5.7 MillionIndustry
About Magway
Magway Org Chart
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$2M
Magway Tech Stack
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Magway News & Media
UK-based Magway crowdfunds £1.5 million to develop sustainable delivery through underground tunnels
Magway, a British sustainable delivery company, has closed out its Crowdcube funding round at £1.5 million, twice more than its target. The startup is engineering a transport solution that moves goods through underground pipes, in an effort to mitigate the traffic and air pollution spurred by trade and online shopping. “We want to create a […] The post UK-based Magway crowdfunds £1.5 million to develop sustainable delivery through underground tunnels appeared first on Tech.eu.Magway secures £1.5m in funding
Sustainable transport company Magway has secured over £1.5 million in private investment to fund the next stage of the British engineering company’s plans to revolutionise the UK’s freight and delivery market. Its solution will move goods through a network of underground pipes to help tackle the explosive growth in online shopping and freight traffic and reduce […]
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Frequently Asked Questions Regarding Magway
Magway is an innovative company that specializes in sustainable goods transport through an autonomous system using linear motors to propel carriages along tracks. Their technology allows for efficient movement of goods, significantly reducing carbon footprints and minimizing environmental impact. The system caters to various sectors, including bulk... Read More