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Magna Funding & Investors

San Francisco, CA

Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and was recognized on the 2020 Forbes Global 2000. The company is the largest automobile parts manufacturer in North America by sales of original equipment parts, it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. It produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford Motor Company and FCA, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors, among others.

magna.so

Total Amount Raised: $15,700,000

Magna Funding Rounds

  • Seed

    $15,200,000

    Seed Investors

    Tiger Global Management
    Protofund
    Plug and Play Tech Center
    Y Combinator Continuity Fund
    Olive Tree Capital
    Balaji Srinivasan
    Alumni Ventures
    Protocol Labs
    Alchemy Ventures
    Polygon
    Ava Labs
    Asymmetric
    Ryan Selkis
    Tusk Venture Partners
    Blockchain Founders Fund
    Galaxy Digital
    Solana Ventures
    Shima Capital
    Avalanche
    Steve Aoki
    GSR
    Ali Tamaseb
    Marin Digital Ventures
    Pioneer Fund
    Circle Ventures
    MetaWeb Ventures
    Gumi Cryptos Capital
    Side Door Ventures
    Liquid 2 Ventures
    Karatage
  • Pre Seed

    $500,000

    Pre Seed Investors

    Y Combinator
Funding info provided by Diffbot.