When was MagneGas founded?

MagneGas was founded in 2005 and raised its 1st funding round 4 years after it was founded.

Where is MagneGas located?

MagneGas is headquartered in Tarpon Springs, United States.

Is MagneGas a funded company?

MagneGas is a funded company, having raised an undisclosed amount across 10 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Oct 09, 2009.

When was the latest funding round of MagneGas?

MagneGas' latest funding was a $***** Post IPO round on Jun 28, 2018, with participation from 0 investor. Its primary sector is Waste & Water Management. In United States, the Waste & Water Management sector has seen $428M in funding in 2026 to date.

What is the annual revenue of MagneGas?

Annual revenue of MagneGas is between $1 and $1M as on Oct 31, 2014

Where does MagneGas rank among its competitors?

MagneGas ranks 38th amongst 117 active competitors, of which 20 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Ingelia, which secured $785K in Oct, 2025.

Who are the top competitors of MagneGas?

MagneGas' top competitors include Stormfisher, Anaergia and Vanguard Renewables. Among them, Ingelia secured the most recent funding round in October, 2025.

MagneGas - 2026 Company Profile, Funding & Competitors

Company Details

Website: magnegas.com
Social

Key Metrics

Founded Year

2005

Location

Tarpon Springs, United States

Stage

Public

Latest Funding Round

Post IPO, Jun 28, 2018, $*****

Ranked

38^th among 117 active competitors

Annual Revenue

$1 - $1M as on Oct 31, 2014

Investment & Acquisitions

Texas Welding Supply & 2 more

Similar Companies

Stormfisher & 155 more

Exit Details

Public

View MagneGas' full profile

MagneGas is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MAGNEGAS CORP CIN: 1353487 , United States, Active		$1 - $1M (As on Oct 31, 2014)	-	-

MagneGas got listed on Oct 14, 2008.

Click here to take a look at MagneGas's IPO in detail

MagneGas has raised funding over 10 rounds. Its first funding round was on Oct 09, 2009.

Here is the list of recent funding rounds of MagneGas:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 28, 2018	9817063	Post IPO	1005830	2895379	2918219	4344298
Jun 21, 2017	3714174	Post IPO	9410178	9210926	9760858	5459924
May 24, 2017	5481745	Conventional Debt	5930985	5678058	6023673	8281923

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Top competitors of MagneGas include Stormfisher, Anaergia and Vanguard Renewables. Here is the list of Top 10 competitors of MagneGas, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stormfisher 2006, London (Canada), Acquired	Provider of organic waste, energy, and water recycling services	$372M	ARC Financial, MaRS Discovery District & 3 others	63/100
2nd	Anaergia 1982, Burlington (Canada), Public	Provider of organic waste into renewable fuel services	$45.8M	Sustainable Development Technology Canada, Macquarie ... & 3 others	54/100
3rd	Vanguard Renewables 2014, Wellesley (United States), Acquired	Provider of organic waste management services	-	Vision Ridge Partners	52/100
4th	Ingelia 2005, Valencia (Spain), Series B	Provider of organic waste processing services	$1.35M	EIC Fund, EIT InnoEnergy & 7 others	50/100
5th	CalBio 2006, Visalia (United States), Funding Raised	Developer of bio-gas dig-ester projects and waste treatment services	-	Brookfield Asset Management, Broadscale Group	50/100
6th	Sustane's technology 2014, Halifax (Canada), Series A	Provider of biofuel pellets recycling services from waste	$2.6M	Canadian Space Agency, Sustainable Development Technology Canada ... & 1 others	49/100
7th	Tamar Energy 2012, London (United Kingdom), Acquired	Provider of organic waste management solutions	$113M	Ludgate, RBS Group & 7 others	47/100
8th	Hz-Inova 1933, Germany, Unfunded	Provider of waste to energy and renewable gas infrastructure systems	-	-	46/100
9th	Apeiron Bioenergy 2007, Singapore (Singapore), Series A	Provider of biofuel from recycled waste cooking oil and other feedstocks	$37M	Proterra Investment Partners, MITSUI CHEMICALS ... & 3 others	45/100
10th	Biofics 2016, Surat (India), Seed	Manufacturer of organic waste management equipment and biogas plant systems	$1.24M	Upaya Social Ventures, Ahmedabad University ... & 4 others	44/100
38th	MagneGas 2005, Tarpon Springs (United States), Public	Provider of alternative gas to acetylene and natural gas producing services from biosolids	-	-	29/100

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MagneGas has acquired 3 companies including Texas Welding Supply, Trico Welding Supplies and Greenarcsupply. MagneGas has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 23, 2018	Acquisition	Texas Welding Supply		Austin (United States)
Mar 22, 2018	Acquisition	Trico Welding Supplies	1991	Woodland (United States)
Feb 21, 2018	Acquisition	Greenarcsupply		-