Magment is part of Largest-ever funding round from the European Innovation Council Accelerator with 99 innovative companies set to receive EUR 627 million

The European Commission selected 99 innovative start-ups and SMEs that will receive EUR 627 million of EU funding to help them bring their promising technologies to the market, and Magment is proud to be one of them.

“The selected companies will receive grants and/or equity investments, depending on their needs, up to a maximum of EUR 17.5 million. They were selected following a rigorous process, introduced under Horizon Europe, involving an ideas screening stage, and full applications assessed by external experts and an interview with a jury of experienced investors and entrepreneurs. ” European Innovation Council News Article

Magment is working on breakthrough, cutting edge dynamic wireless charging infrastructure, reinventing the way EVs are charged with bold innovations in design, pioneering technologies, and strong global partnerships.

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