About Kite Magnetics
Kite Magnetics is a company based in Notting Hill (Australia) founded in 2021. Kite Magnetics has raised $4.05 million across 2 funding rounds from investors including Investible, Breakthrough Victoria and Possible Ventures. Kite Magnetics offers products and services including Nanocrystalline Stator Cores, Aeroperm Core, and Aeroperm Material. Kite Magnetics operates in a competitive market with competitors including Whisper Aero, H3X Technologies, Greenjets, Nautical Wings Aerospace and Dovetail Electric Aviation, among others.
- Headquarter Notting Hill, Australia
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.05 M (USD)
in 2 rounds
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Latest Funding Round
$2.2 M (USD), Seed
May 20, 2025
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Investors
Investible
& 4 more
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Employee Count
Not available
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Products & Services of Kite Magnetics
Kite Magnetics offers a comprehensive portfolio of products and services, including Nanocrystalline Stator Cores, Aeroperm Core, and Aeroperm Material.
Reduces energy losses in electric motors for better vehicle efficiency.
Enhances motor performance with high flux density and lower losses.
Improves electric vehicle range by minimizing heat and core losses.
People of Kite Magnetics
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Funding Insights of Kite Magnetics
Kite Magnetics has successfully raised a total of $4.05M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Kite Magnetics
Kite Magnetics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Investible, Breakthrough Victoria and Possible Ventures.
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Early-stage venture capital investments are provided by Investible in APAC.
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Breakthrough Victoria is focused on investing in innovation for economic growth.
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Early-stage investments across multiple sectors are conducted by this firm.
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Investor details for Kite Magnetics
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Investments & Acquisitions by Kite Magnetics
Investment portfolio details for Kite Magnetics
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Financial Statements - Kite Magnetics
Detailed financials for Kite Magnetics
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Kite Magnetics Comparisons
Peer comparison for Kite Magnetics
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Competitors of Kite Magnetics
Kite Magnetics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Whisper Aero, H3X Technologies, Greenjets, Nautical Wings Aerospace and Dovetail Electric Aviation, among others.
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Electric aircraft, drones, and propulsion systems are designed and developed.
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Motor drives for electric aircraft propulsion are developed.
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Quiet, safe electric propulsion systems for aircraft are developed.
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Provider of design and manufacturing solutions for advanced propulsion systems
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Manufacturer of electric propulsion engines
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Detailed competitors of Kite Magnetics
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Latest news on Kite Magnetics
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Frequently Asked Questions about Kite Magnetics
Kite Magnetics was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Kite Magnetics is headquartered in Notting Hill, Australia. It is registered at Notting Hill, Victoria, Australia.
Kite Magnetics is a funded company, having raised a total of $4.05M across 2 funding rounds to date.
Kite Magnetics was founded in 2021 and is based in Notting Hill, Australia. Operations focus on the aerospace sector, where electric aircraft engines are designed and developed for various models. Propulsion systems are produced with reduced noise levels and emissions. The company supports advancements in sustainable aviation through its engineering efforts in electric powertrains.
Kite Magnetics's top competitors include Whisper Aero, H3X Technologies and Greenjets.
Kite Magnetics offers Nanocrystalline Stator Cores, Aeroperm Core, and Aeroperm Material.
Kite Magnetics has 5 investors. Key investors include Investible, Breakthrough Victoria, Possible Ventures, Galileo Ventures, and SQM Lithium Ventures.