About Magnetica
Magnetica is a Healthcare company based in Brisbane (Australia) founded in 2005. Developer of magnetic resonance imaging devices for the diagnosis of multiple diseases. Magnetica has raised $7.54 million across 1 funding round from investors including Avingtrans. Its chief executive, as recorded, is Duncan Stovell. Magnetica offers products and services including Compact MRI Systems, Superconducting Magnets, Gradient Coils, RF Coils, and Spectrometers. Its focus areas include Life Sciences, Imaging Diagnostics and Magnetic Resonance Imaging. Its legal entity is Magnetica Limited.
Company details
The company was founded in 2005 in Brisbane, Australia, and focuses on the medical imaging sector. MRI systems are developed through proprietary superconducting magnets that enable more economical designs, along with gradient coils and radiofrequency coils. These components support clinical applications in disease diagnosis, transcranial magnetic stimulation, and functional MRI studies, serving healthcare providers in various settings.
- Total Equity Funding$7.54M (USD)
in 1 rounds
- Latest Funding Round$7.54M (USD), Series A
Dec 2022
- Investors
Products & Services of Magnetica
Magnetica offers a comprehensive portfolio of products and services, including Compact MRI Systems, Superconducting Magnets, Gradient Coils, RF Coils, and Spectrometers.
Delivers compact MRI for point-of-care diagnostics and research.
Designs magnets for high-resolution MRI and NMR applications.
Manufactures coils for enhanced MRI signal processing.
Produces coils for radio frequency in imaging systems.
Offers tools for NMR and NQR spectroscopy analysis.
Apps and channels of Magnetica
its YouTube channel Magnetica Ltd has 15 subscribers and 10 videos.
Videos from Magnetica
The most watched videos on Magnetica's YouTube channel, Magnetica Ltd (15 subscribers). Click a video to play it here.
More on Magnetica Ltd.
Funding Insights of Magnetica
Magnetica has successfully raised a total of $7.54M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.54 million completed in December 2022. 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.
- Total Funding $7.54M
- Total Rounds 1
- Last Round Series A — $7.54M
- First Round $7.54M
(Dec 2022)
- Investors Count 1
All 1 funding rounds of Magnetica with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | $7.54M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Magnetica
Magnetica has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Avingtrans.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Engineered components are manufactured for industrial and energy sectors. | 2000 | avingtrans.plc.uk | Chatteris, United Kingdom |
Investor details for Magnetica
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Magnetica
1 people are tracked at Magnetica (1 in leadership).
| Name | Role | Group |
|---|---|---|
Duncan Stovell | CEO | Leadership |
Complete people profiles for Magnetica
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- Full employee list
- Team structure
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- Professional contacts
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Timeline of Magnetica
2 dated milestones of Magnetica across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Magnetica is founded.
- Funding First funding round of $7.5M.
Web traffic of Magnetica
The website of Magnetica (magnetica.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 65.7% vs previous month
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Frequently Asked Questions about Magnetica
Magnetica was founded in 2005 and raised its 1st funding round 17 years after it was founded.
Magnetica is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.
Duncan Stovell is the CEO of Magnetica, as recorded in our data.
Magnetica is a funded company, having raised a total of $7.54M across 1 funding round to date. The company's 1st funding round was a Series A of $7.54M, raised on Dec 2022.
The company was founded in 2005 in Brisbane, Australia, and focuses on the medical imaging sector. MRI systems are developed through proprietary superconducting magnets that enable more economical designs, along with gradient coils and radiofrequency coils. These components support clinical applications in disease diagnosis, transcranial magnetic stimulation, and functional MRI studies, serving healthcare providers in various settings.
Magnetica offers Compact MRI Systems, Superconducting Magnets, Gradient Coils, RF Coils, and Spectrometers.
Magnetica has 1 investor. Key investors include Avingtrans.
Magnetica operates through Magnetica Limited.