SpinDrive

📍 Lappeenranta, Finland🗓 Founded 2015👥 21 employees💰 Last funded Oct 2021
Machinery Manufacturing🌐 spindrive.fi
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SpinDrive provides design, prototyping and serial production of active magnetic bearings (AMBs) for Original Equipment Manufacturers (OEM). SpinDrive reduces energy losses in the machine by half. For a 500-kW unit, this solution mitigates 200 tons of CO2 emissions annually, which is equivalent to 2,000 barrels of oil burnt and enables 2-year payback time. An active magnetic bearing levitates the rotational part of the machine, eliminating mechanical friction. It enables 20 years of maintenance-free operations. SpinDrive solution is completely oil-free, which allows OEM customers to enter rapidly growing markets and ensure alignment with a contaminant-free environmental strategy. We help customers to significantly increase their solutions’ system efficiency, reduce material consumption and minimize maintenance costs. SpinDrive lowers the customer’s equipment lifecycle costs by 35%.
3
Total investors
0
Early stage
0
Mid stage
3
Late stage
2015
Founded

Investors

3 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
Germany
2
Finland
1
Frequently asked questions
Who invested in SpinDrive?
SpinDrive has 3 investors on record on gritt.io and 3 late-stage investors.
When did SpinDrive last raise funding?
The most recent investment in SpinDrive recorded on gritt.io was in October 2021.
When was SpinDrive founded?
SpinDrive was founded in 2015.
What industry is SpinDrive in?
SpinDrive operates in Machinery Manufacturing. Find similar Machinery Manufacturing investors on gritt.io.
Where is SpinDrive based?
SpinDrive is headquartered in Lappeenranta, Finland.