Additive Drives Raises €25 Million for 3D Printed Electrical Motor Know-how

Additive Drives, a German producer of 3D-printed electrical motors, has secured over €25 million in funding to develop its energy-efficient motor expertise globally. The financing spherical was led by Nordic Alpha Companions, which acquired a major minority stake, alongside current investor AM Ventures.

Based in 2020 by Philipp Arnold, Axel Helm, and Dr. Jakob Jung, Additive Drives combines 3D printing with standard manufacturing processes to supply electrical motors with out uncommon earth magnets. The corporate’s buyer base contains Amazon, Airbus, Audi, Schaeffler, and BMW. In line with firm figures, their expertise reaches as much as 98% vitality effectivity for industrial prospects, lowering total vitality loss by 70%.

The funding positions Additive Drives among the many bigger current European investments in electrification expertise. Different notable 2025 rounds within the sector embody Finland’s Donut Lab elevating €25 million for modular electrical motors and Dutch charging specialist Deftpower securing €12.5 million for its smart-charging platform.

“We’ve got been cash-positive from early on and we have been on the lookout for an operational companion that might actually allow us to faucet into hypergrowth and develop globally even sooner,” stated Philipp Arnold, Chief Monetary Officer at Additive Drives. The corporate states that electrical motors account for about 53% of worldwide electrical energy consumption, making effectivity enhancements on this sector vital for total vitality utilization.

Additive Drives’ magnet-free design addresses provide chain dependencies on uncommon earth supplies, which are sometimes sourced from geopolitically delicate areas. Nordic Alpha Companions companion Nikolaj Magne Larsen famous the corporate’s monetary efficiency, stating: “It’s really uncommon to see a founder staff construct one thing so pioneering and on the identical time have such a powerful monetary efficiency lower than 5 years after inception.”

Supply: eu-startups.com