MAGNOTHERM: Funding, Investors & Team (Sep 2026)
MAGNOTHERM is an emerging university spin-off from Technische Universität Darmstadt with world leading expertise in permanent magnets and magnetic cooling. Our technology, based on solid state materials and water, is capable of replacing standard gas compression cooling or heating solutions in compliance with current and future f-gase regulation standards. Our developed cutting-edge energy conversion solutions allow cooling and heating with low pressure systems and is 40% more efficient than current systems. At the same time it complies with all current and future EU F-gas regulations, is explosion free and non-imflammable. It is efficiently scalable in all sizes for thermal energy conversion units in decentralized, mid-range powered applications. With our clean refrigeration technology, we are able to meet the world’s fast growing demand of clean and sustainable cooling and heating applications.
MAGNOTHERM has raised $6.9M across 1 funding round on record, the most recent a Seed of $6.9M announced in Apr 2023.
That round is above the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.
MAGNOTHERM Company Profile and Key Stats
Latest funding round on record: Apr 2023.
MAGNOTHERM Funding Rounds
MAGNOTHERM Founders and Leadership Team
Contact details for the MAGNOTHERM team: 1 of 1 has an email address on file.
Start 14-day free trial →MAGNOTHERM Funding Compared to Other Manufacturing Startups
MAGNOTHERM's latest round of $6.9M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.
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MAGNOTHERM Funding FAQs
What does MAGNOTHERM do?
MAGNOTHERM is an emerging university spin-off from Technische Universität Darmstadt with world leading expertise in permanent magnets and magnetic cooling. Our technology, based on solid state materials and water, is capable of replacing standard gas compression cooling or heating solutions in compliance with current and future f-gase regulation standards. Our developed cutting-edge energy conversion solutions allow cooling and heating with low pressure systems and is 40% more efficient than current systems. At the same time it complies with all current and future EU F-gas regulations, is explosion free and non-imflammable. It is efficiently scalable in all sizes for thermal energy conversion units in decentralized, mid-range powered applications. With our clean refrigeration technology, we are able to meet the world’s fast growing demand of clean and sustainable cooling and heating applications.
How much funding has MAGNOTHERM raised?
MAGNOTHERM has raised $6.9M across 1 round on record. The most recent is a Seed of $6.9M announced in Apr 2023.
When did MAGNOTHERM last raise funding?
MAGNOTHERM's most recent funding round on record is a Seed of $6.9M, announced in Apr 2023.
Who is the CEO of MAGNOTHERM?
Timur Sirman is listed as CEO at MAGNOTHERM.
Where is MAGNOTHERM headquartered?
MAGNOTHERM is based in Darmstadt, Hessen, Germany.
How many employees does MAGNOTHERM have?
MAGNOTHERM is in the 11-50 employee band.
How does MAGNOTHERM's funding compare to other Manufacturing startups?
MAGNOTHERM's latest round of $6.9M is above the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.
About FundedIQ's MAGNOTHERM Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MAGNOTHERM is left off this page rather than filled in.
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