How Much Did MAGicALL Raise?
Funding & Key Investors

MAGicALL, a prominent manufacturer of advanced electric propulsion systems, has secured $799K in total capital, with its most recent funding round bringing in $449K through a major strategic investment. This significant backing underscores the company's pivotal role in the burgeoning electric aviation and advanced mobility sectors.

The company's financial trajectory, marked by substantial debt financing rounds in 2020 and 2021, indicates a period of significant operational scaling and investment in its manufacturing capabilities.

What is MAGicALL?

MAGicALL
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

MAGicALL is a USA-based manufacturer specializing in high-performance brushless motors, generators, and actuators. These critical components are engineered for advanced electric aircraft and mobility applications, serving both defense and commercial markets. The company's custom-engineered propulsion, generation, and actuation systems are designed to enhance efficiency, reduce noise, and improve safety in electric vertical takeoff and landing (eVTOL) aircraft, drones, and other next-generation aviation platforms. MAGicALL positions itself as a leading alternative to existing providers like T-Motor, offering innovative solutions for the evolving aerospace industry.

How much funding has MAGicALL raised?

MAGicALL has raised a total of $799K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$449K

Debt (2020): $350K with participation from PPP

Debt (2021): $449K led by PPP

Key Investors in MAGicALL

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for MAGicALL?

With substantial enterprise-level funding and a recent strategic investment, MAGicALL is poised for accelerated growth and technological advancement. The company's focus on custom-engineered solutions for electric aircraft and mobility applications aligns with major industry trends toward electrification and sustainability. This capital infusion is expected to fuel further research and development, expand manufacturing capacity, and strengthen its market position against competitors. MAGicALL's ability to deliver high-performance, reliable systems for demanding applications suggests a strong future in both defense and commercial aerospace sectors, potentially enabling new designs and operational capabilities for electric vehicles.

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Frequently Asked Questions Regarding MAGicALL Financial Insights

What are the most recent funding rounds that MAGicALL has completed, and what were the funding rounds?
MAGicALL has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 14, 2020.
What is the total amount of funding MAGicALL has raised to date?
MAGicALL has raised a total of $799K in funding to date.
How many funding rounds has MAGicALL completed?
MAGicALL has completed 2 funding rounds.
How much funding did MAGicALL raise in its most recent funding round?
MAGicALL raised $449K in its most recent funding round.
Who are the lead investors in MAGicALL's latest funding round?
The lead investor in MAGicALL's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in MAGicALL's history?
The largest funding round in MAGicALL's history was $449K.
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