Magnefy, a Stanford spin-out pioneering an edge AI-powered, high-frequency magnetic sensing platform for real-time predictive maintenance of critical power assets, recently announced that it has closed an oversubscribed $1.5 million pre-seed round. The round was led by Dolby Family Ventures, with participation from Sunna Ventures, Dangerous Ventures, Cyan Ventures, Antler, among others.
Corporate Partner Jekkie Kim and Counsel Dimitry Lensky advised Magnefy on its pre-seed financing.