Linear Labs Inc. Funding & Investors
Fort Worth, TX
The world has a bottomless appetite for electricity. In fact, 45% of the world's electricity passes through an electric motor. This is equivalent to 1 out of every 2 power plants solely dedicated to electric motors. And yet electric motor designs remain essentially unchanged in last 100 years. Linear Labs, an electric motor company, has created an entirely new family of electric motor systems designed for the next generation of electric vehicles, HVAC systems and robotics welcoming in a new era of smarter energy utilization. Our ''smart''β motors shape shift and morph the physical design in real time to adjust for changing conditions. The result is 2x improvements in torque, further range and significantly lowering power consumption. Linear Labs is a Texas based technology company. www.linearlabsinc.com
linearlabsinc.comTotal Amount Raised: $119,150,000
Linear Labs Inc. Funding Rounds
Series A
$17,000,000
Series A Investors
Folsom Point EquityTHRC InvestmentsKindred VenturesSALTWATERCapital FactoryLowercarbon CapitalChampion Hill VenturesOzone VenturesSeries A
$20,000,000
Series A Investors
THRC InvestmentsOktogon VenturesConvertible Note
$200,000
Seed
$6,000,000
Seed Investors
Lowercarbon CapitalDuke Angel NetworkChampion Hill LabsKarman Ventures (fka Moving Capital)Kindred VenturesGen FukunagaAlumni VenturesGrant
$69,000,000
Seed
$4,500,000
Seed Investors
Kindred VenturesScienceRyan GravesChris SaccaRussell FradinChris MacFarlandGyula FeherHead and Heart CapitalSeed
$2,300,000
Convertible Note
$150,000