TECH NEWS
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