C Motive Technologies announced it raised $10.7 Million in an initial filing from an offering of $10.7 Million
C Motive Technologies announced it raised $10.7 Million in an initial filing from an offering of $10.7 Million
01/19/23, 9:42 PM
Location
Money raised
$10.7 million
Industry
manufacturing
Company Info
Location
8001 terrace avenue suite 203c
madison, wisconsin, united states
Additional Info
C-Motive's mission is to create electric machines that directly lead to reduced carbon emissions through higher efficiency renewable generators applicable to the next generation of e-mobility vehicles and more efficient industrial torque motors. C-Motive's unmatched torque, efficiency, and simplicity will lead to a new generation of applications that create more renewable power and waste less electricity.
C-Motive's motors run on the principle of electrostatic forces, also known as "static cling," and stands to change the machines that shape and run our lives. Our motors produce torque by the same principle of rubbing a balloon on a head of hair. And just like hair doesn't heat up with the balloon, our motors produce torque with nearly zero loss, versus using copper coils wound around steel with rare earth permanent magnets.