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Manufacturer of electric drives comprised of magnet-less motors and modular LFP batteries for the heavy equipment industry and diesel fleets

Founded in 2020
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Switzerland Zurich, Switzerland
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Updated by Christoph Lang at 4QT on 02/11/2025

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IPO INFORMATION

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Date Investors Type Amount
12/11/2023 Unruly Capital Unruly Capital , Tiny VC Tiny VC , Climate Capital Climate Capital , Ciri Ventures Ciri Ventures (4)
Post-money valuation of
The pre-seed funding will support development of high performance carbon neutral drives for hard to abate construction and heavy machinery industry
Seed $2,193,835
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