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LM Industries
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Short description

Digital vehicle manufacturer

Founded in 2016
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 9
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
TRL Range

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Headquarters United States United States
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Updated by Cleantech Group on 07/04/2023

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Date Company
Partnerships
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Date Partner Type
10/11/2019
Airbus Airbus
Airbus and LM Industries have partnered to form a new mobility and autonomy company, Neorizon. The new company will operate a microfactory to rapidly and efficiently build and 3D print products for next generation transportation and mobility solutions.
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Confirmed by Airbus
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IPO INFORMATION

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Description

Date Investors Type Amount
10/20/2020 Sparx Group Sparx Group (1)
Post-money valuation of
This funding will be used to meet growing demand for Olli, a 3D-printed, electric and autonomous shuttle bus.
Growth Equity $15,000,000
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