Additive Drives
Latest round
- Seed
Last raised
- Oct 2020
Total raised
- $1.8M
Investors
- 1
About Additive Drives
Additive Drives GmbH is a German company specializing in the design and production of custom electric motors for various industries, including automotive and aerospace, utilizing advanced additive manufacturing techniques to enhance performance and efficiency. Founded in 2020 by Philipp Arnold, Axel Helm, and Dr. Jakob Jung in Germany, Additive Drives GmbH focuses on developing specialized electric motors. In February 2026, Nordic Alpha Partners acquired a minority stake in Additive Drives GmbH from AM Ventures for approximately EUR 25 million. As part of the transaction, AM Ventures reinvested in the company. The CEO, Axel Helm, leads the company, which boasts over 300 projects and 20 patents. Additive Drives specializes in the development and manufacturing of customized electric motors tailored for a range of applications across multiple industries, including automotive, aerospace, motorsport, and industrial sectors. Their core offerings focus on high-performance electric drives that leverage innovative additive manufacturing techniques, enabling the production of motors without traditional tooling costs. This flexibility allows for optimization and customization for specific use cases, such as traction drives, fan motors in heat pumps, and torque motors that replace inefficient hydraulic systems. The company serves a diverse client base, including major automotive manufacturers and aerospace firms, operating across Europe, North America, and Asia.
Who invested in Additive Drives
1 investor across 1 round
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Funding rounds
Seed
Oct 5, 2020
Amount
$1.8M
Investors
Questions about Additive Drives
Who invested in Additive Drives?
Additive Drives has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Additive Drives raised?
Additive Drives has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Additive Drives last raise money?
Additive Drives's most recent round on record is a Seed, in Oct 2020.
What does Additive Drives do?
Additive Drives GmbH is a German company specializing in the design and production of custom electric motors for various industries, including automotive and aerospace, utilizing advanced additive manufacturing techniques to enhance performance and efficiency.
Where is Additive Drives headquartered?
Additive Drives is headquartered in Dresden, Germany.
Which VCs invest in companies like Additive Drives?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back power & utilities companies at Additive Drives's stage. Their profiles are linked below.
VCs backing power & utilities startups at Seed
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