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.
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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?
Matteo Del Sorbo is the founder or leader of Magna International on record at StartupFox.
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.
Sources & updates
This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting.
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