Active magnetic bearing levitation systems for high-speed rotating machinery.
| Date | Round | Amount |
|---|---|---|
| Oct 2025 | Growth SpinDrive raised growth funding led by Rhapsody Venture Partners and Innovestor to expand into the US and launch the Magma X100 controller. | — |
| Mar 2024 | Grant Lappeenranta deeptech SpinDrive secured a EUR 2.5M EIC Accelerator grant to develop its magnetic-bearing controller technology. | $2.7M |
| Nov 2023 | Series A Finnish cleantech SpinDrive raised a EUR3.8M Series A led by Rhapsody Venture Partners for its magnetic bearing technology. | $4.1M |
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