Kite Magnetics
Backed by Investible · kitemagnetics.com ↗
- Founder
- Richard Parsons
Kite Magnetics makes nanocrystalline stator cores, a core part inside electric motors. The company says the cores make the motors more efficient, which extends range and payload capacity. It is listed under climate tech and was founded by Richard Parsons.
Why it matters in Australia: Australian fund Investible has backed Kite Magnetics since a Seed round in 2022.
Backed by
- Investible first invested 2022 · Seed Investible profile ↗
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The summary above was written with AI from the company's own site and its backers' listings, and checked by an editor. Backers, years and rounds are as each fund lists them. Founded year, head office, founders and offices are as Investible states them. Open roles are read daily from the funds' jobs boards.