About Magnetica
Magnetica is a company based in Brisbane (Australia) founded in 2005. Magnetica has raised $7.54 million across 1 funding round from investors including Avingtrans. Magnetica offers products and services including Compact MRI Systems, Superconducting Magnets, Gradient Coils, RF Coils, and Spectrometers. Magnetica operates in a competitive market with competitors including Hyperfine, Openwater, Promaxo, Genetesis and InkSpace Imaging, among others.
- Headquarter Brisbane, Australia
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Magnetica Limited
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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
$7.54 M (USD)
in 1 rounds
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Latest Funding Round
$7.54 M (USD), Series A
Dec 05, 2022
- Investors
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Employee Count
Not available
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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.
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.
Investors in Magnetica
Magnetica has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Avingtrans.
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Engineered components are manufactured for industrial and energy sectors.
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Investor details for Magnetica
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Investments & Acquisitions by Magnetica
Investment portfolio details for Magnetica
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Financial Statements - Magnetica
Detailed financials for Magnetica
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Magnetica Comparisons
Peer comparison for Magnetica
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Competitors of Magnetica
Magnetica 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 Hyperfine, Openwater, Promaxo, Genetesis and InkSpace Imaging, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Portable MRI systems are manufactured for medical professionals.
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Provider of imaging technologies for medical diagnosis and treatments
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Portable MRI for prostate cancer screening is developed.
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Developer of a medical imaging device for the diagnosis of cardiac conditions
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Patented customized MRI coils are developed for pediatric applications.
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Hand-held micro-nuclear magnetic resonance (µNMR) platform technology
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Detailed competitors of Magnetica
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Latest news on Magnetica
Complete news archive for Magnetica
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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 current CEO of Magnetica.
Magnetica is a funded company, having raised a total of $7.54M across 1 funding round to date.
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.