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MagDrive Technologies logo — Leaders of the Magnetically Actuated Valve technology. We ca...

MagDrive Technologies

Leaders of the Magnetically Actuated Valve technology. We capture Methane and other fugitive emission leaks from valves.

Founded 2022 United States Bozeman, United States 5 employees Seed Total: $3.00M Industrial, Manufacturing +1

General Information

Company Name MagDrive Technologies
Founded Year 2022
Location United States Bozeman, United States +1
Employees 5
Industries Industrial, Manufacturing, Oil and Gas
Funding Stage Seed
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About MagDrive Technologies

MagDrive Technologies is a pioneering company in the Manufacturing and Oil and Gas industries, established in 2022. Their mission is to tackle the issue of greenhouse gas leaks, particularly from industrial valves, such as Methane and CO2. The company's magnetic actuation valve drive, which originated from NASA projects, offers a solution to the costly problem of fugitive emissions from valve stems. With a recent $1.00M Pre Seed Round investment on 13 October 2022, MagDrive is poised to make significant strides in capturing fugitive emission leaks and reducing the associated financial and environmental impact. Headquartered in the United States, MagDrive Technologies is at the forefront of magnetically actuated valve technology, aiming to revolutionize the management of methane and other fugitive emission leaks from valves in the oil and gas industry.

Taxonomy: Magnetically Actuated Valve, Greenhouse Gas Capture, Fugitive Emissions, Industrial Valves, Oil and Gas Industry, Methane Leak Detection, CO2 Emissions, NASA Technology, Cryogenic Containment, Space Flight Applications, Torque Production, Environmental Solutions, Energy Sector, Bozeman, Montana

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• - 01 May 2024
Pre Seed Round •••••• - 13 Oct 2022

MagDrive Technologies Alternatives & Competitors

MagDrive Technologies vs
Omni Valve
Omni Valve United States

Valve solutions enabling safe and environmentally friendly production of oil & natural gas.

25 employees
Industrial, Manufacturing
MagDrive Technologies vs
American Production Valve
American Production Valve United States

Based in Houston, TX - APV is an Industrial Valve Distributor focused on providing fast and reliable...

4 employees
Industrial
MagDrive Technologies vs
Sealweld
Sealweld Canada

Superior valve care products and services since 1969.

20 employees
Manufacturing

FAQ About MagDrive Technologies

Leaders of the Magnetically Actuated Valve technology. We capture Methane and other fugitive emission leaks from valves.
MagDrive Technologies was founded in 2022.
MagDrive Technologies is headquartered in Bozeman, United States.
MagDrive Technologies operates in the following industries: Industrial, Manufacturing, Oil and Gas.
MagDrive Technologies has approximately 5 employees.
MagDrive Technologies has completed 2 funding rounds, raising a total of $3.00M. The latest funding stage is Seed.
Top alternatives and competitors to MagDrive Technologies include Omni Valve, American Production Valve, Sealweld , kosan industries pvt ltd, Clarke Valve. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MagDrive Technologies and Omni Valve are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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