Magna International is a mobility tech company and auto supplier that engages in body exteriors, structures, power, vision, and seating.
Magna is a leading global automotive supplier with 317 manufacturing operations and 83 product development, engineering and sales centres in 29 countries. Magna has over 130,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. Magna's product capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 10, 2022 | Post-IPO Equity | $11.28M | — | — | — | Detail |
Aug 31, 1984 | IPO | — | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Dec 8, 2022
Metagood
|
Pre-seed | $5M | Cryptocurrency | — |
Sep 12, 2022
Yulu
|
Series B | ₹6.53B | Electric Vehicle | Yes |
Jul 14, 2022
Trend
|
Pre-seed | $3M | Advertising Platforms | — |
Mar 2, 2022
Sanctuary Cognitive Systems Corporation
|
Series A | $75.50M | Artificial Intelligence | — |
Jan 25, 2022
Addionics
|
Series A | $27M | 3D Technology | — |
Magna International has had 4 exits. Magna International most notable exits include REE Automotive , Innoviz Technologies
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jul 23, 2021 | REE Automotive | IPO | Automotive | Detail |
Apr 6, 2021 | Innoviz Technologies | IPO | Automotive | Detail |
Mar 29, 2019 | Lyft | IPO | Apps | Detail |
Nov 3, 2017 | Argus Cyber Security | M&A | Automotive | Detail |
Magna International has acquired 12 organizations. Their most recent acquisition was Resil Minas Industria e Comercio S.A. on Nov 5, 2010. They acquired Resil Minas Industria e Comercio S.A. for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Nov 5, 2010
Resil Minas Industria e Comercio S.A.
|
Automotive | acquisition | — | Detail |
Jan 12, 2011
Pabsa S.A.
|
Automotive | acquisition | — | Detail |
Nov 30, 2012
ixetic GmbH
|
Automotive | acquisition | € 308M | Detail |
Sep 30, 2014
Techform Products Ltd.
|
Automotive | acquisition | — | Detail |
Feb 3, 2015
Philips & Lite-On Digital Solutions - Business
|
Consumer Electronics | acquisition | — | Detail |