Who founded Kite Magnetics?

Kite Magnetics was founded by Richard Parsons, Kiyonori Suzuki in 2021.

Who are Kite Magnetics's investors?

Kite Magnetics's investors include Breakthrough Victoria, Blackbird Ventures, Boson Ventures, Galileo Ventures, Investible Climate Tech Fund, Possible Ventures, SQM Lithium Ventures.

Where is Kite Magnetics headquartered?

Kite Magnetics is headquartered in Victoria, AU.

Kite Magnetics

Victoria, AU · Founded 2021 · 20 employees on LinkedIn · 10 known investors

Find your way into Kite Magnetics

Paths you didn't know you had: your email and LinkedIn already hold routes to the Kite Magnetics team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Kite Magnetics develops Aeroperm®, a nanocrystalline magnetic material that improves electric motor efficiency, targeting automotive powertrains and unmanned aerial vehicle propulsion systems. The company manufactures high-performance motor cores for original equipment manufacturers and supplies cores directly to non-automotive markets.

Advanced Manufacturing Cleantech Deep Tech Energy Hardware New Materials

Founders & leadership

Kite Magnetics was founded in 2021 by Richard Parsons and Kiyonori Suzuki.

Richard Parsons Founder and CEORichard Parsons spent over a decade at Monash University as a researcher and lecturer working on advanced magnetic materials for electric motors, and managed the Monash X-ray Platform before founding Kite Magnetics, which develops nanocrystalline magnetic materials to improve electric motor efficiency for automotive and aerospace applications.

Kiyonori SuzukiProfessor

Liz WilliamsSenior Executive

Investors · 10

Breakthrough Victoria✓ confirmed by Kite MagneticsMelbourne

How we know: the company's own site · Breakthrough Victoria's portfolio page · Not right? Tell us

Blackbird Ventureslisted by Blackbird VenturesSydney · $149K – $60M

How we know: Blackbird Ventures's portfolio page · Not right? Tell us

Boson Ventureslisted by Boson VenturesMelbourne

How we know: Boson Ventures's portfolio page · Not right? Tell us

Galileo Ventureslisted by Galileo VenturesMelbourne · $200K – $500K

Investible Climate Tech Fundlisted by Investible Climate Tech FundSydney · $330K

Possible Ventureslisted by Possible VenturesMunich · $100K – $5M

How we know: Possible Ventures's portfolio page · Not right? Tell us

SQM Lithium VenturesreportedSantiago

How we know: funding news · theindiansun.com.au · Not right? Tell us

Also in the syndicate · 3

Innovation VictoriaInvestibleMonash Investment Holdings

Funding

SEC filings, press & company announcements

Undisclosed amountSeries AJul 2026
Innovation Victoria, Investible, SQM Lithium Ventures
Source ↗
Undisclosed amountseed fundingOct 2022
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Kite Magnetics do?: Kite Magnetics develops Aeroperm®, a nanocrystalline magnetic material that improves electric motor efficiency, targeting automotive powertrains and unmanned aerial vehicle propulsion systems. The company manufactures high-performance motor cores for original equipment manufacturers and supplies cores directly to non-automotive markets.
Who founded Kite Magnetics?: Kite Magnetics was founded by Richard Parsons, Kiyonori Suzuki in 2021.
Who are Kite Magnetics's investors?: Kite Magnetics's investors include Breakthrough Victoria, Blackbird Ventures, Boson Ventures, Galileo Ventures, Investible Climate Tech Fund, Possible Ventures, SQM Lithium Ventures.
Where is Kite Magnetics headquartered?: Kite Magnetics is headquartered in Victoria, AU.