Company

Magnefy

Magnefy develops magnetic sensing and edge AI tools for predictive maintenance of electrical assets.

About

Founded in 2025 and based in Stanford, Magnefy develops a high-frequency magnetic sensing platform for monitoring transformers, switchgear and generators. Its non-invasive IoT product is priced at USD 500 and is designed to detect potential failures weeks to months in advance. The company raised USD 1.5 mn in pre-seed funding in April 2025, led by Dolby Family Ventures, with participation from Antler, Climate capital syndicate, Cyan Ventures, Dangerous Ventures and Sunna Ventures.

1Funding rounds

6Investors

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