Alva Industries raises €16M to scale its ultra-compact electric motors
Alva Industries has raised €16 million to scale production of its ultra-compact electric motors, the Trondheim based deep-tech company announced on 2 July.
The round is led by Nysnø Climate Investments, Sandwater and Emerald Technology Ventures, the latter investing on behalf of the Nabtesco Technology Ventures fund.
Existing backers Statkraft Ventures and EnvisionTech also took part. Samsung Ventures, which put a multi-million euro stake into Alva in December 2025 through its SVIC 47 New Technology Investment Partnership, has now converted that investment into shares as part of this round.
Alva’s pitch rests on FiberPrinting, a patented manufacturing process the company uses to weave conductive fibres into a motor’s stator rather than winding copper wire around a heavy iron core.
The result, according to Alva, is an ironless, slotless motor that is lighter than conventional designs, avoids the jerky low speed resistance known as cogging, and packs unusually high torque into...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE
