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Tech & Startups

Alva Industries raises €16M to scale its ultra-compact electric motors

The Next Web Norway 02 July 2026, 12:23 UTC 4d ago
Alva Industries raises €16M to scale its ultra-compact electric motors
The Next Web

Alva Industries has raised €16 million to scale production of its ultra-compact electric motors, the Trondheim based deep-tech company announced on 2 July. The round is led by Nysnø Climate Investments, Sandwater and Emerald Technology Ventures, the latter investing on behalf of the Nabtesco Technology Ventures fund. Existing backers Statkraft Ventures and EnvisionTech also took part. […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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