Alva Industries, a Norwegian deep-tech company developing ultra-compact electric motors, has secured €16 million in equity financing to accelerate manufacturing, expand its product portfolio, and support international growth.
The round was led by Nysnø Climate Investments, Sandwater, and Emerald Technology Ventures on behalf of Nabtesco Technology Ventures, with participation from existing investors including Statkraft Ventures and EnvisionTech. Samsung Ventures also converted its previous investment into equity as part of the financing.
Scaling Motor Technology for Advanced Industries
Alva has developed FiberPrinting™, a patented manufacturing technology that produces lightweight, frameless electric motors with high torque density and precision. The motors are designed for applications where size, weight, and performance are critical, including robotics, aerospace, medical devices, defense, and industrial automation.
The company is currently working on hundreds of commercial and defense projects and plans to significantly expand production capacity to meet growing global demand.
“Alva is on a mission to power a new generation of machines that are stronger, lighter, safer, and more reliable. This investment gives us the capacity to accelerate our technology roadmap, expand production, and strengthen our position as a global supplier of high-performance electric motors. We experience strong demand from customers pushing the limits of what compact electric actuation systems can deliver,” said Oliver Skisland, CEO of Alva Industries.
Growing Demand for Compact Actuation
Investors believe Alva’s technology can address one of the key challenges in next-generation robotics and automation by delivering powerful motors in smaller, lighter designs.
“Alva’s technology addresses one of the most important bottlenecks in next-generation mechatronics: how to deliver high torque and precision in a lighter and more compact form factor. We believe Alva’s FiberPrinting™ platform has broad potential across robotics, automation, medical, aerospace, and other advanced industrial applications. We are particularly excited by the opportunity to explore collaboration with OVALO and other Nabtesco Group companies in compact actuator systems and advanced motion control,” said Hiroshi Nerima, President and CEO of Nabtesco Technology Ventures AG.