Tech Company Financing Transactions

MAGFAST Funding Round

MAGFAST, based in Cornwall on Hudson, secured $10 million in funding from Netcapital.

Transaction Overview

Company Name
Announced On
4/17/2025
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1 Grandview Avenue
Cornwall on Hudson, NY 12520
USA
Email Address
Overview
MAGFAST. We came to life out of the need for constant connectivity in this fast-paced world and began our venture into premium power banks, chargers and USB cables in 2017. Merging revolutionary wireless charging and sleek design, the MAGFAST family provides users with a diverse range of chargers. Compatible with all devices and utilizing the latest Qi wireless technology, charging at home or on the go has never been so easy.
Profile
MAGFAST LinkedIn Company Profile
Social Media
MAGFAST Company Twitter Account
Company News
MAGFAST News
Facebook
MAGFAST on Facebook
YouTube
MAGFAST on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Seymour Segnit
  Seymour Segnit LinkedIn Profile  Seymour Segnit Twitter Account  Seymour Segnit News  Seymour Segnit on Facebook


 

 

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Prev: 4/17/2025: Risa Labs venture capital transaction
Next: 4/17/2025: Cy4Data Labs venture capital transaction

 

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We do our best to document tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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