SpinDrive

Energy, Climate & Environment · Lappeenranta

Active magnetic bearings (AMB) + Magma controller for high-speed machines — ~5× more energy-efficient than mechanical. Flywheels, fusion, oil-free motors. LUT roots.

In market📍 Lappeenranta📅 Founded 2015🎓 LUT

The row

Sector
Energy, Climate & Environment
Stage
In market — Product is being sold
Location
Lappeenranta
Founded
2015
Research origin
LUT
Business ID
2725845-8 · Finnish trade register
Funding
€3.8M (Series A, 2023); >€10M total + €2.5M EIC

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Where this sits on the map

SpinDrive is one of 32 companies in Energy, Climate & Environment. The others:

How this row was decided

Every row on this map is checked by hand against the trade register and the company's own material, and placed in the sector that best describes its business or its technology. Service firms and consultancies are left out, however advanced the technology they work with — the test is where the revenue comes from. Only funding figures the company or its investor has published are shown. The full rules are on the landscape ↗

Row last checked 12 October 2026 Something wrong on this page? ↗