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Magna International

Automotive SupplierAurora, Ontario, Canada

Magna International is one of the world's largest automotive suppliers, founded in 1957 and headquartered in Aurora, Ontario. Alongside its core contract manufacturing and components business, its New Mobility arm has invested in micromobility and battery swapping. Yulu and Yuma Energy are its only startup investments in India, with a combined commitment that has grown past $110 million since 2022.

1StartupFox story
1957Founded
Automotive SupplierSector
Sept 2026Latest coverage

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Latest on Magna International

Funding
Magna Puts Another $35M Into Yuma Energy, Diluting Its Joint Venture Partner Yulu
1 SEPT 2026 · 5 MIN READ

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Frequently Asked

What is Magna International?

Magna International is one of the world's largest automotive suppliers, founded in 1957 and headquartered in Aurora, Ontario. Alongside its core contract manufacturing and components business, its New Mobility arm has invested in micromobility and battery swapping. Yulu and Yuma Energy are its only startup investments in India, with a combined commitment that has grown past $110 million since 2022.

Who founded Magna International?

Magna International is associated with Matteo Del Sorbo.

What is the latest news on Magna International?

The most recent StartupFox coverage is “Magna Puts Another $35M Into Yuma Energy, Diluting Its Joint Venture Partner Yulu” (1 September 2026). All stories are listed on this page.