Tech Company Financing Transactions
SpinDrive Funding Round
SpinDrive secured a $4.1 million Series A investment round on 11/9/2023. Investors included Rhapsody Venture Partners, Born2Grow and Innovestor.
Transaction Overview
Company Name
Announced On
11/9/2023
Transaction Type
Venture Equity
Amount
$4,061,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to ramp up its commercial growth and improve industrial efficiency in factories worldwide, and develop a new range of Active Magnetic Bearings for new applications.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Laserkatu 6, IVH Kampus, C-building
Lappeenranta, 53850
FI
Lappeenranta, 53850
FI
Phone
Website
Email Address
Overview
We mitigate CO2 emissions by improving the energy efficiency of the industrial processes by providing easy and affordable Active Magnetic Bearing solutions
Management Team
Title
Name
Email & Social
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