FundedIQ
Consumer Electronics

Rex Power Magnetics: Funding, Investors & Team (Sep 2026)

Concord is where Rex Power Magnetics, a Canadian company specialized in the design and production of dry-type transformers, is headquartered.

www.rexpowermagnetics.com LinkedIn Concord, Canada 251-500 employees
Total raised
$4.0M
Rounds
1
Latest
Undisclosed round
Sep 2023

Rex Power Magnetics has raised $4.0M across 1 funding round on record, the most recent an undisclosed round of $4.0M announced in Sep 2023.

That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.

Rex Power Magnetics Company Profile and Key Stats

Total funding raised
$4.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$4.0M in Sep 2023
Employees
251-500
reported band
Headquarters
Concord, Canada

Latest funding round on record: Sep 2023.

Rex Power Magnetics Funding Rounds

Date
Round
Amount
Undisclosed round
$4.0M

Rex Power Magnetics Founders and Leadership Team

Name
Role
Contact
Simon Hasserjian
Founder
Locked

Contact details for the Rex Power Magnetics team: 1 of 1 has an email address on file.

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Rex Power Magnetics Funding Compared to Other Consumer Electronics Startups

Segment
Companies
Median round
3,081
$2.2M

Rex Power Magnetics' latest round of $4.0M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.

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Rex Power Magnetics Funding FAQs

What does Rex Power Magnetics do?

Concord is where Rex Power Magnetics, a Canadian company specialized in the design and production of dry-type transformers, is headquartered.

How much funding has Rex Power Magnetics raised?

Rex Power Magnetics has raised $4.0M across 1 round on record. The most recent is an undisclosed round of $4.0M announced in Sep 2023.

When did Rex Power Magnetics last raise funding?

Rex Power Magnetics' most recent funding round on record is an undisclosed round of $4.0M, announced in Sep 2023.

Who founded Rex Power Magnetics?

FundedIQ lists Simon Hasserjian (Founder) at Rex Power Magnetics.

Where is Rex Power Magnetics headquartered?

Rex Power Magnetics is based in Concord, Ontario, Canada.

How many employees does Rex Power Magnetics have?

Rex Power Magnetics is in the 251-500 employee band.

How does Rex Power Magnetics' funding compare to other Consumer Electronics startups?

Rex Power Magnetics' latest round of $4.0M is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.

About FundedIQ's Rex Power Magnetics 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 Rex Power Magnetics is left off this page rather than filled in.

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