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  • Belgium’s Magnax secures €35.5 million with Foxconn backing to industrialise axial flux motor technology
Belgium’s Magnax secures €35.5 million with Foxconn backing to industrialise axial flux motor technology
Startups
Belgium’s Magnax secures €35.5 million with Foxconn backing to industrialise axial flux motor technology
Founder News Team Apr 6, 2026 0

Magnax, a Kortrijk-based DeepTech company specialising in yokeless axial flux electric motor technology, has secured €35.5 million from Pan-International Industrial…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
Five Keys to Raising Capital in Latin America
90 Family Offices Backed This Medellín Firm After Its Co-Founder Cracked the Code for Raising Capital in Latin America
Jun 11, 2026
Nomad Lawyer
Germany’s Chancellor Boards Emirates A380 at ILA Berlin as the Superjumbo Makes Its Case for the Future of Mass Aviation
Jun 11, 2026
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French Giants Unite to Turn Farm Waste Into Jet Fuel That Could Reshape Aviation’s Carbon Future
Jun 11, 2026
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Jun 11, 2026
Meta layoffs: More than half of the 8,000 job cuts are in two US states, and these roles took the biggest hit
Meta Slashed 8,000 Jobs to Fund Its AI Bet, and Middle Managers Paid the Heaviest Price
Jun 11, 2026
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