SpinDrive

Industrial MachinerySeries ALappeenranta, Finlandspindrive.fi

Latest round

Series A

Last raised

Nov 2023

Total raised

$4M

Investors

4

About SpinDrive

Founded in 2015 and based in Lappeenranta, Finland, SpinDrive Oy is a magnetic bearing manufacturer. SpinDrive specializes in the design and production of active magnetic bearings (AMBs) for high-speed machines. The firm’s product line includes a Magma® magnetic bearing controller and an active magnetic bearing system.

Who invested in SpinDrive

4 investors across 2 rounds

See all investors in SpinDrive

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Nov 8, 2023

    Amount

    $4M

    Investors

    Locked

  2. Seed

    Dec 16, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about SpinDrive

Who invested in SpinDrive?

SpinDrive has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SpinDrive raised?

SpinDrive has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did SpinDrive last raise money?

SpinDrive's most recent round on record is a Series A, in Nov 2023.

What does SpinDrive do?

Founded in 2015 and based in Lappeenranta, Finland, SpinDrive Oy is a magnetic bearing manufacturer.

Where is SpinDrive headquartered?

SpinDrive is headquartered in Lappeenranta, Finland.

Which VCs invest in companies like SpinDrive?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back industrial machinery companies at SpinDrive's stage. Their profiles are linked below.

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