Magna International

Company

Investment-firm

Last deal

$329.3M
Local Amount - CAD 450.M

Amount

Post-IPO Debt

Stage

27.05.2024

Date

3

all rounds

$740.6M

Total amount

General

About Company
Magna International is a global automotive supplier and mobility technology company.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Magna

founded date

01.01.1957

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

With over 159,000 employees and operations in 27 countries, Magna International specializes in body exteriors, power and vision technologies, seating systems, and complete vehicle solutions. They have a diverse portfolio of investments in startups, including Lyft, THINCI, and Peloton Technology. While they have no specific preference for founders, they tend to invest in startups that are 2-3 years old and have 6-7 participants in funding rounds. Magna International is known for committing exits more frequently than other organizations and typically invests in startups with a value of $500 million to $1 billion.
Contacts