SpinDrive secures funding to scale magnetic bearing tech for cleaner industry

SpinDrive secures funding to scale magnetic bearing tech for cleaner industry
SpinDrive secures funding to scale magnetic bearing tech for cleaner industry

Quick Facts

SpinDrive has secured growth funding led by Rhapsody Venture Partners and Innovestor to scale its magnetic bearing technology for industrial applications.

The company specializes in active magnetic bearing (AMB) systems that levitate rotors, eliminating mechanical friction and enabling oil-free, maintenance-free operation.

SpinDrive’s AMB solutions can improve energy efficiency by up to 50% compared to traditional mechanical bearings.

The funding will support the launch of the Magma X100 magnetic bearing controller, a compact and cost-effective solution to broaden AMB technology adoption.

SpinDrive plans to strengthen its market presence in the U.S. and support its expanding industrial customer base.

Its technology is applicable across compressors, pumps, turbines, and blowers, offering enhanced efficiency and reduced maintenance.

Founded in 2015, SpinDrive integrates IoT-based condition monitoring into its systems to improve operational efficiency and reduce costs.

By eliminating oil-based lubricants and lowering energy consumption, the company contributes to cleaner and more sustainable industrial processes.

SpinDrive’s AMB systems are designed for maintenance-free operation for over 20 years, reducing the need for frequent servicing.

The funding will accelerate product development and deployment, positioning SpinDrive as a key player in sustainable industrial technology.