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Magnomatics

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Contactless magnetic gears, motors, and transmission systems

Sheffield, United KingdomFounded 2006Aviation
Valuation $10–25M Last recorded · 2015
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Magnomatics

Magnomatics is a high-technology engineering company that designs and manufactures products based on its proprietary magnetic gear technology. The firm was established in 2006 as a spin-out from the University of Sheffield, building on the research of Professor Kais Atallah and Professor David Howe. The company was founded by Chris Kirby.

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The company's core technology uses permanent magnets for contactless torque transmission, which eliminates the mechanical wear and friction associated with traditional gear systems. This results in higher efficiency, improved reliability, reduced maintenance requirements, and quieter operation. Key product derivatives from this core technology include the Pseudo Direct Drive (PDD®) motors and generators, and the MAGSPLIT® power split device, which functions as a magnetically controlled continuously variable transmission. These products are designed to be compact, lightweight, and highly efficient.

Magnomatics serves a global client base across multiple sectors, including aerospace, marine propulsion, renewable energy (wind and ocean), rail, industrial motors, and hybrid/electric vehicles. It engages with large multinational corporations and Tier 1 suppliers, providing consultancy, design services, and manufacturing of its electrical machines. Its business model involves licensing its technology to global engineering businesses, collaborative development projects, and direct product sales. The company's technology is aimed at improving energy efficiency and supporting decarbonization efforts.

Source: Dealroom company data

At a glance

Founded
2006
Headquarters
Sheffield, United Kingdom
Sector
Aviation

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • UK Research and Innovation

Series A3 investors entered at this stage

  • Fusion IP
  • Finance Yorkshire
  • IP Group
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown

Market sentiment

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