Revolutionary high torque electric motor gets $74M support
High torque electric motor manufacturer Linear Labs has added $6M in new investment to a recent $68.9 million partnership and incentive from the City of Fort Worth, Texas. The $6M round was closed with participation from new and existing investors including Lowercarbon Capital, Duke Angel Network and Moving Capital – an Uber-alumni investing syndicate. The motor generating all this excitement is the HET – Hunstable Electric Turbine – which uses a magnetic tunnel to surround the stator resulting in motors the company says can produce ‘at a minimum, sometimes more, but at a minimum – two to three times the torque output of any electric motor in the world, and it does this at high efficiency throughout the torque and speed range.”