About
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What does Magnotherm do?
Magnotherm is a startup focused on developing and commercializing solid-state cooling technology. Their approach utilizes the magnetocaloric effect, where materials change temperature when magnetized and demagnetized, to transfer heat. This technology aims to provide a more environmentally friendly and potentially more efficient alternative to traditional compressor-based air conditioning systems. The company is piloting its system in a chain of supermarkets.
How much funding has Magnotherm raised?
Magnotherm has raised a total of $10M in funding. The most recent round on record is Seed.
Where is Magnotherm headquartered?
Magnotherm is headquartered in Germany.
When was Magnotherm founded?
Magnotherm was founded in 2019.
What industry does Magnotherm operate in?
Magnotherm operates in Climate Tech, Hardware, Deep Tech, Energy, Energy Storage, Advanced Manufacturing & Materials.
How many employees does Magnotherm have?
Magnotherm has approximately 34 people on record.