MagForce

Health Care, Medical Device, Nanotechnology
Founded in 1/1/97
Berlin, Berlin, Germany
For Profit

About MagForce

MagForce AG, a medical device company, operates in the field of nanotechnology-based cancer treatment in Germany. The company offers NanoTherm therapy that treats solid tumors through the intratumoral generation of heat by activating superparamagnetic nanoparticles. It also provides NanoTherm, a ferrofluid liquid containing superparamagnetic iron oxide nanopracticles that is activated in an alternating magnetic field; NanoPlan, a treatment planning software; and NanoActivator, a magnetic field applicator for therapy. The company was founded in 1997 and is headquartered in Berlin, Germany.

Company Metrics

  • Employees: 11-50
  • Monthly Visits: 3625
  • Tech Stack: 11 active products

Financial Information

  • Estimated Revenue: $1M to $10M
  • Total Funding: 24164015 USD
  • Last Funding: 3500000 USD (Post-IPO Debt)
  • Funding Status: IPO

Technology Stack

MagForce actively uses 11 products in their tech stack.

Market Presence

Industries: Health Care, Medical Device, Nanotechnology

Headquarters: Berlin, Berlin, Germany