Magway logo — Delivering good(s)

Magway

Delivering good(s)

Founded 2017 United Kingdom Wembley, United Kingdom 21 employees Convertible Note Total: $5.38M E-Commerce, Logistics +2

General Information

Company Name Magway
Founded Year 2017
Location United Kingdom Wembley, United Kingdom
Employees 21
Industries E-Commerce, Logistics, Supply Chain +1
Funding Stage Convertible Note

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About Magway

Magway is an all-electric, zero-emission and fully automated goods transportation system, founded in 2017. This innovative startup operates without batteries and boasts the lowest energy costs in the market. With a focus on E-Commerce, Logistics, Supply Chain, and Construction industries, Magway decarbonizes all three scopes of emissions and contributes to 8 UN SDGs.

With its headquarters in the United Kingdom, Magway recently received a substantial £698.14K investment through a Convertible Note by Crowdcube on 27 November 2023. This backing underscores the belief in the company's potential to revolutionize goods transport and reduce operational costs due to low energy requirements.

Magway's slogan, "Delivering good(s)", underscores its commitment to sustainable, efficient, and cost-effective goods transportation. As the global market increasingly prioritizes eco-friendly and technologically advanced solutions, Magway's unique approach positions it as a promising player in the transportation and logistics sector.

Follow Magway on Twitter: @Magway_Limited.

Taxonomy: electric transportation, zero-emission, automated goods transport, low-energy transportation, sustainable logistics, smart cities, last-mile delivery, carbon footprint reduction, logistics technology, sustainable development, urban congestion reduction

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note £698.14K 1
Crowdcube
27 Nov 2023
Equity Crowdfunding £212.27K 1
Crowdcube
27 Mar 2023
Seed Round £1.04M 1
Uday Kumar Bangalore Shivaraman
17 May 2022
Equity Crowdfunding £1.04M -
22 Feb 2022
Equity Crowdfunding £811.57K 1
Crowdcube
31 Mar 2021
Equity Crowdfunding £1.58M -
31 Jan 2020
Pre Seed Round Undisclosed 1
Hippolyte Genet
05 Jan 2020

Magway Alternatives & Competitors

View All Alternatives
Magway vs
Bzzt
Bzzt Sweden

We’re here to kick fossil cars out of cities.

Venture round
33 employees
Logistics, Supply Chain
Magway vs
Alfred24
Alfred24 Hong Kong S.a.r.

Deliveries Made Green.™

Venture round
22 employees
Logistics, Supply Chain
Magway vs
GoBolt
GoBolt Canada

GoBolt is a technology company building the world's largest sustainable supply chain network.

Series C
336 employees
E-Commerce, Logistics

FAQ About Magway

Delivering good(s)
Magway was founded in 2017.
Magway is headquartered in Wembley, United Kingdom.
Magway operates in E-Commerce, Logistics, Supply Chain and Construction. Its work centres on electric transportation, zero-emission, automated goods transport and low-energy transportation.
Magway has approximately 21 employees.
Magway has completed 7 funding rounds, raising a total of $5.38M. The latest funding stage is Convertible Note.
Top alternatives and competitors to Magway include Bzzt, Alfred24, GoBolt, RedBox SA, MUVSmart. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magway and Bzzt 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.

Source: BounceWatch company record for Magway, https://bouncewatch.com/company/magway, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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