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Short description

Provider of active magnetic bearing, sensors and actuators

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 4-6
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 Finland Joutseno, Finland
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Updated by Sunena Gupta at on 03/14/2025

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Date Company
09/01/2017

Teraloop Oy Teraloop Oy

Confirmed by Teraloop Oy

Partnerships
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Date Partner Type
08/03/2023
Cleantech Venture Day Cleantech Venture Day
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Confirmed by Cleantech Venture Day
Incubation/Acceleration
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IPO INFORMATION

Date

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Description

Date Investors Type Amount
02/29/2024 European Innovation Council (EIC) European Innovation Council (EIC) (1)
Post-money valuation of
Funds will be used to further develop active magnetic bearings (AMB) product line
Grant $2,710,750
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Products
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Product image Name Product status Revenue model Cost metrics

High-speed drivetrain with active magnetic bearings design and licensing

Prototyping and production licensing of turn-key drivetrain units.

Product Development License of Usage
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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