Linear Labs has raised an additional $6 million in funding to further develop manufacturing capabilities and grow its employee base. The new capital comes shortly after Linear Labs’ $68.9 million partnership with the City of Fort Worth, Texas, was announced, which includes an incentive package involving Linear Labs’ plans to develop an advanced manufacturing facility.
The patented HET motor technology from Linear Labs produces up to twice the torque of competitor motors —or the same torque in half the size—and can also be made using rare-earth or ferrite magnets. The design is based upon a breakthrough magnetic flux tunnel featuring both dual axial flux and dual radial flux rotors tied together around one stator, meaning it is effectively four motors working as one.
The initial next phase of Linear Labs production will include the 200 series motor, which provides two times the peak torque of its closest competitor, at 108 N·m with bursts up to 140 N·m. The 200 series motors are also 1.7 kg lighter than competitors, with average efficiency over the RPM range of 88% versus the competitions’ 59%, and with Linear Labs’ motors offering peak efficiency of 92%.
The new round was closed with participation from new and existing investors including Champion Hill, Chris and Crystal Sacca’s Lowercarbon Capital, Kindred Ventures, Gen Fukunaga, Duke Angel Network, Spike Ventures, and also Moving Capital—an Uber-alumni investing syndicate.
The funding will be used to expand manufacturing expertise, supply chain infrastructure and logistics, as well as advanced automation and robotics engineering, in order to meet the current signed customer needs of producing 100,000 units in 2021 with a target of 1,000,000 units the following year. Clients for these motors include global OEMs in automotive, micro-mobility, industrial pump and applications, as well as residential and light commercial HVAC.
Additionally, Linear Labs has expanded their Board of Directors to include Chris MacFarland, Chairman and CEO of Texas-based Masergy, a software-defined cloud platform leader.