MAGNOTHERM
MAGNOTHERM develops and commercializes refrigerant-free magnetocaloric cooling systems based on proprietary LaFeSi alloys, serving retail, data center, and hydrogen liquefaction customers across three product platforms ranging from 100W beverage coolers to 125kW+ superconducting industrial units.
- Company typePrivate
- Founded2019
- HeadquartersDarmstadt, Germany
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What MAGNOTHERM does
MAGNOTHERM Solutions GmbH is a Darmstadt-based deeptech company that develops and commercializes magnetocaloric cooling systems as a refrigerant-free alternative to conventional compressor-based refrigeration. The company's core technology exploits the magnetocaloric effect in proprietary Lanthanum-Iron-Silicon (LaFeSi) alloys, which change temperature when exposed to magnetic fields; these materials are housed in an Active Magnetic Regenerator (AMR) module that synchronizes temperature changes with a water-ethanol transfer medium to generate usable cooling. MAGNOTHERM operates three product platforms spanning 100W to 125kW+ capacity: POLARIS (100W, the world's first commercially available magnetic beverage cooler), ECLIPSE (1kW permanent-magnet system for plug-in retail cabinets), and STELLAR (125kW+ superconducting-magnet platform for data centers, HVAC, and industrial process cooling currently in development). The technology is positioned as GWP=0, PFAS-free, oil-free, operating below 1 bar, and exempt from DIN EN 378 regulations, with claimed efficiency gains of up to 30% via energy regeneration and up to 40% versus conventional gas compressors.
MAGNOTHERM firmographics
Firmographics- Name
- MAGNOTHERM
- Legal name
- MAGNOTHERM Solutions GmbH
- Website
- https://magnotherm.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MAGNOTHERM develops and commercializes refrigerant-free magnetocaloric cooling systems based on proprietary LaFeSi alloys, serving retail, data center, and hydrogen liquefaction customers across three product platforms ranging from 100W beverage coolers to 125kW+ superconducting industrial units.
- Ownership category
- akta.pro rank
MAGNOTHERM industry classification
Industry- Product category
- Commercial Refrigeration Equipment
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)
- SIC
- Refrigeration & Service Industry Machinery (3580), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Commercial & Industrial Refrigeration Systems (IMAHAKAA)
- akta.pro secondary industries
- Refrigeration Components & Controls (Compressors, Valves, Sensors) (IMAHAKAH), Compressors, Refrigeration Components & Condensing Units (IMADANAG)
Keywords
Where MAGNOTHERM is headquartered
LocationHeadquarters
- HQ city
- Darmstadt
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
MAGNOTHERM business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales
Revenue model
- Hardware Sales - POLARIS: Sale of the POLARIS 100W magnetic beverage cooler — the world's first commercially available magnetic cooler. Sold directly via MAGNOTHERM sales team and potentially through channel partners like Gastro-Cool. Available for purchase or rent.
- Hardware Sales - ECLIPSE Platform: Sale of the ECLIPSE 1kW cooling platform with permanent magnet system, designed for plugin retail integration. Available as standalone cooling unit and integrated into third-party cabinets. ECLIPSE 2D two-door cabinet (1,110L) launched November 2024. Deployed in REWE Group pilot.
- Hardware Sales - STELLAR Platform (Development): STELLAR 125kW+ modular cooling platform with superconducting magnets. Not yet commercially available; offered via joint development projects for data centers, HVAC, and industrial process cooling.
- Equipment Rental - POLARIS: POLARIS magnetic cooler available for rent in addition to purchase, enabling customers to trial the technology with lower upfront commitment.
- Joint Development / Pilot Projects: MAGNOTHERM pursues pilot programs, custom integration, and research collaborations alongside regular product sales. REWE Group pilot deployment, hydrogen liquefaction joint lab with HZDR, and HyLICAL EU-funded development project represent collaborative revenue-generating structures.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | POLARIS - Purchase or Rental |
| Unit Pricing | Pay-as-you-go | ECLIPSE 2D - Commercial Pre-Orders |
| Other | Multi-year contract | STELLAR - Joint Development (Not yet commercially available) |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
MAGNOTHERM product offering
Product offeringCore offering
MAGNOTHERM designs, manufactures, and sells magnetocaloric (solid-state magnetic) refrigeration systems that replace traditional refrigerant-based cooling. The portfolio includes POLARIS (100W beverage cooler), ECLIPSE (1kW commercial cooling platform with permanent magnets), and STELLAR (125kW+ high-capacity platform with superconducting magnets), serving supermarkets, data centers, industrial process cooling, and hydrogen liquefaction applications.
Differentiator
Problem solved
Functional benefit
Brands
- POLARIS: World's first commercially available magnetic beverage cooler, 100W capacity, for point-of-sale and events.
- ECLIPSE
- STELLAR
Products and services
- POLARIS 100W permanent-magnet magnetic beverage cooler for point-of-sale and promotional use. World's first commercially available magnetic cooler, available for purchase or rent, and deployed in supermarkets (EDEKA) and events.
- ECLIPSE 1kW flagship cooling platform with a permanent magnet system, designed for plugin retail applications. Fully refrigerant-free, operates below 1 bar, and exempt from DIN EN 378 regulations.
- ECLIPSE 2D Two-door vertical commercial refrigerator (1,110 liters) variant of the ECLIPSE platform, providing refrigerant-free cooling for retail food and beverage applications. Pre-orders opened November 2024; manufactured in Germany.
- STELLAR High-capacity (125kW+) magnetic cooling platform using high-temperature superconducting magnets delivering 5 Tesla magnetic fields, achieving approximately 100x greater cooling power density than 1 Tesla permanent magnet systems. Currently in joint development phase for data centers, HVAC, and industrial process cooling applications.
Quantifiable outcome
- Up to 40% more energy efficient than conventional gas compressor refrigeration systems
- +7 more outcomes
Companies that use MAGNOTHERM
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
MAGNOTHERM technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
MAGNOTHERM partnerships and signals
Strategic signalScale indicators12 records
Recent moves8 records
Expansion highlights8 records
MAGNOTHERM competitors and assessment
Company assessmentDirect peers
- Cooltech Applications: France-based developer of magnetic refrigeration systems using the magnetocaloric effect for commercial and industrial cooling. Closest direct competitor in commercializing room-temperature magnetic cooling, focused on similar end-markets including food retail and process cooling.
- Camfridge: UK-based magnetocaloric refrigeration technology developer spun out of Cambridge University. Develops solid-state cooling systems targeting commercial refrigeration, pursuing similar refrigerant-free value proposition with academic R&D heritage comparable to MAGNOTHERM's TU Darmstadt origins.
- AHT Cooling Systems: Austrian manufacturer of plug-in commercial refrigeration cabinets (DACH-based) directly comparable to MAGNOTHERM's ECLIPSE 2D target market. As the European specialist in plug-in retail refrigeration, AHT is the most direct incumbent competitor for ECLIPSE and a likely OEM integration partner given HAUSER-style channel models.
Emerging players
- Coolbrook: Finnish/Dutch deeptech company developing RotoDynamic and electro-heating technologies as alternatives to fossil-based industrial processes. While not magnetocaloric, it pursues adjacent electrified industrial process technologies (including high-temperature heat) for petrochemicals and hard-to-abate sectors — similar deeptech commercialization challenge from European base.
Broad incumbents
- Carrier Global Corporation: Global leader in HVAC, refrigeration, and cold chain solutions with established commercial refrigeration portfolio (Hussmann, Carrier Refrigeration). Primary incumbent MAGNOTHERM must displace in retail and industrial cooling; competes with full portfolio including CO2 and natural refrigerant systems.
- Trane Technologies: Major global HVAC and refrigeration incumbent serving commercial, industrial, and data center cooling markets. Represents both a competitor to ECLIPSE/STELLAR and a likely acquisition candidate for advanced cooling technologies; large R&D resources dwarf MAGNOTHERM's seed-stage scale.
- Danfoss: Danish global supplier of HVAC and refrigeration components including compressors, valves, and natural-refrigerant solutions. Incumbent in supermarket refrigeration with strong EU presence; actively promoting CO2 and propane alternatives that compete with MAGNOTHERM's refrigerant-free platform.
Others
- BASF: German chemical major with active magnetocaloric materials research programs and broader interest in low-GWP refrigerants and energy-efficient industrial processes. Comparable only as a potential supplier/customer for LaFeSi materials and as a strategic counterparty in industrial process cooling; not a direct competitor but a critical ecosystem participant.
- Linde / Air Liquide: Global industrial gases majors with significant hydrogen liquefaction operations that could become large customers or competitors for MAGNOTHERM's hydrogen liquefaction application. Relevant comparators for the HyLICAL use case given their position as operators of large-scale H2 liquefaction plants globally.
- Vacuumschmelze (VACUUMSCHMELZE GmbH): German manufacturer of advanced magnetic materials including rare-earth permanent magnets and soft magnetic materials. Comparable as a specialty magnet/materials supplier relevant to MAGNOTHERM's magnet supply chain, particularly for the permanent magnet POLARIS and ECLIPSE platforms.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
MAGNOTHERM social profiles
Digital presenceMAGNOTHERM financial estimates
Financial estimateRevenue estimate
Valuation estimate
MAGNOTHERM leadership team
Management profileNumber of profiles
Profiles7 records
MAGNOTHERM funding detail
Funding detailFunding overview
Funding rounds10 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MAGNOTHERM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MAGNOTHERM
What does MAGNOTHERM do?
MAGNOTHERM designs, manufactures, and sells magnetocaloric (solid-state magnetic) refrigeration systems that replace traditional refrigerant-based cooling. The portfolio includes POLARIS (100W beverage cooler), ECLIPSE (1kW commercial cooling platform with permanent magnets), and STELLAR (125kW+ high-capacity platform with superconducting magnets), serving supermarkets, data centers, industrial process cooling, and hydrogen liquefaction applications.
Is MAGNOTHERM a public or private company?
MAGNOTHERM is a private company. It is classified as venture growth investor backed and is currently operating.
When was MAGNOTHERM founded?
MAGNOTHERM was founded in 2019. It employs 11 to 50 people.
Where is MAGNOTHERM based?
MAGNOTHERM is headquartered in Darmstadt, Germany, in the Europe region.
How does MAGNOTHERM make money?
Five revenue lines are on record. Hardware Sales - POLARIS are the primary driver. The others are hardware Sales - ECLIPSE Platform, hardware Sales - STELLAR Platform (Development), equipment Rental - POLARIS and joint Development / Pilot Projects.
Who are MAGNOTHERM's main competitors?
Direct peers on record are Cooltech Applications, Camfridge and AHT Cooling Systems. Coolbrook is listed as an emerging player. Broad incumbents are Carrier Global Corporation, Trane Technologies and Danfoss. Others are BASF, Linde / Air Liquide and Vacuumschmelze (VACUUMSCHMELZE GmbH).
Does MAGNOTHERM have an API?
No public API is recorded for MAGNOTHERM.
What industry is MAGNOTHERM in?
MAGNOTHERM's product category is Commercial Refrigeration Equipment. Its primary akta.pro industry code is IMAHAKAA, Commercial & Industrial Refrigeration Systems, with a secondary code of IMAHAKAH, Refrigeration Components & Controls (Compressors, Valves, Sensors). Its NAICS code is 333415 and its SIC code is 3580.