Finland · Machinery startup
Finland · SpinDrive
SpinDrive is a Finnish cleantech company founded in 2015, based in Lappeenranta, Finland.
Funding reportedLast round: Grant
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About SpinDrive
SpinDrive is a Finnish cleantech company founded in 2015, based in Lappeenranta, Finland.
The company specializes in designing, prototyping, and mass-producing active magnetic bearing (AMB) systems that eliminate mechanical friction in rotating machinery. This innovation significantly reduces energy losses and lowers equipment lifecycle costs. SpinDrive offers a comprehensive AMB system solution, which includes custom magnetic bearing systems, high-speed drivetrains, and control electronics. Their technology enhances system efficiency and provides IoT condition monitoring services to predict maintenance needs. The company primarily serves Original Equipment Manufacturers (OEMs) in industries such as turbomachinery, power generation, transportation, and HVAC. With a focus on improving energy efficiency and reducing CO2 emissions, SpinDrive aims to contribute positively to climate change efforts.
What company datasets say SpinDrive raised
Funding, as reported
On a portfolio page
Investors who name them
Each firm lists SpinDrive on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
hardwareindustrial automationharsh environment operationcontrol electronicsmanufacturingmagnetic bearing control softwarehigh-speed machinerymagnetic bearing partsscale with high-speed bearingsenvironmental servicescontactless levitationscale high-speed bearingssensorsturbinemechanical or industrial engineeringservices
Built with from their website
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- Sector
- Machinery
- Industry code
- NAICS 33361, 33324, 334513, SIC 3621
- Full record
- Every detail in the company directory
Machinery in Finland
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