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MagDrive Technologies
AddedFeb 16, 2024
UpdatedJun 18, 2026
MagDrive Technologies

MagDrive Technologies

MagDrive Technologies: Innovating torque-producing, magnetically actuated valve drives since 2022.

HQ
Bozeman, MT, US
Founded
2022
Overview
Compare
Fundraising
Employees
Website

MagDrive Technologies, founded in 2022 and headquartered in Bozeman, Montana, is dedicated to revolutionizing the valve industry with its innovative, magnetically actuated valve drives. The company's core mission is to eliminate fugitive emissions from valve stems, thereby reducing product loss and environmental pollution. MagDrive Technologies offers a unique solution that can be applied to most industrial valves, ensuring they remain leak-free and efficient. Their market focus spans various industries where valve integrity is critical.

Notable figures affiliated with MagDrive Technologies include industry experts in valve engineering and environmental sustainability. The company has garnered attention from investors interested in green technology and industrial efficiency. Key achievements include the successful development and deployment of their MagDrive™ Valve Drives, which have demonstrated significant reductions in emissions and operational costs for their clients. MagDrive Technologies is making a substantial impact by addressing a critical issue in industrial operations, promoting both economic and environmental benefits.

MagDrive Technologies - Quick Facts

When was MagDrive Technologies founded?

MagDrive Technologies was founded in 2022.

Where is MagDrive Technologies' headquarters located?

MagDrive Technologies' headquarters is located in Bozeman, MT, US.

When was MagDrive Technologies' last funding round?

MagDrive Technologies' most recent funding round was for $1M (USD) in October 2022.

How much has MagDrive Technologies raised to-date?

As of Oct 13, 2022, MagDrive Technologies has raised a total of $1M (USD).

How many employees does MagDrive Technologies have?

MagDrive Technologies has 5 employees as of Feb 5, 2024.

MagDrive Technologies - Classification

Industry
  • Hardware
Technology
  • Automation
Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Enterprise
Main Product
  • Valve Drives
Tags
  • Cleantech
NAICS
  • 210000Mining, Quarrying, and Oil and Gas Extraction
  • 211000Oil and Gas Extraction
  • 211100Oil and Gas Extraction
  • 211120Crude Petroleum Extraction
SIC
  • 1300Oil And Gas Extraction
  • 1310Crude Petroleum And Natural Gas
  • 1311Crude Petroleum And Natural Gas
Show 6 more industry codes
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221200Natural Gas Distribution
  • 221210Natural Gas Distribution
SIC
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services