SpinDrive

Finland - Lappeenranta

• 13/11/2023
• Series A
• $4,057,000

SpinDrive provides design, prototyping and serial production of active magnetic bearings (AMBs) for Original Equipment Manufacturers (OEM). SpinDrive reduces energy losses in the machine by half. For a 500-kW unit, this solution mitigates 200 tons of CO2 emissions annually, which is equivalent to 2,000 barrels of oil burnt and enables 2-year payback time. An active magnetic bearing levitates the rotational part of the machine, eliminating mechanical friction. It enables 20 years of maintenance-free operations. SpinDrive solution is completely oil-free, which allows OEM customers to enter rapidly growing markets and ensure alignment with a contaminant-free environmental strategy. We help customers to significantly increase their solutions’ system efficiency, reduce material consumption and minimize maintenance costs. SpinDrive lowers the customer’s equipment lifecycle costs by 35%.

Related People

Janne HeikkinenCo Founder

Finland - Lappeenranta, South Karelia

Co-Founder and CEO of a LUT University spin-off company SpinDrive. SpinDrive democratizes levitation that promotes high speed machinery for cleantech industries. Active magnetic bearings levitate a rotating shaft enabling higher rotational speed resulting in smaller machine size for higher power, increasing process efficiency and money savings.

Looking for a professional career network. We are continuously observing for senior advisors, serious business people and young talents to join SpinDrive. Drop me a LinkedIn connect request and a message or an email if you are interested to hear more!

LinkedIn https://www.linkedin.com/in/janne-heikkinen/