$5MSeries A, 29 January 2026
Funds will commercialize its Virtual Magnet motor platform and expand engineering and manufacturing.
- Amount
- $5M
- Stage
- Series A
- Announced
- 29 January 2026
- Lead
- Accel
- Other investors
- Chakra Growth Fund, Thinkuvate
- Use of funds
- Funds will commercialize its Virtual Magnet motor platform and expand engineering and manufacturing.
- Checked
- Amount and date matched across 2 press sources
- Sources
- Vimag Labs Bags $5 Mn To Commercialise Magnet-Free Motor System evreporter.com
Vimag Labs Bags $5 Mn To Commercialise Magnet-Free Motor System inc42.com