Motor and controller company Aeristech closes $7M private placement; SAIC participation
15 April 2021
UK-based Aeristech, a developer of high-speed electric motor and controller technology (earlier post), closed a £5.15-million (US$7-million) private funding round led by investors Sabien Technology, Vela Technologies and SAIC Venture Capital, the venture capital arm of China-based automaker SAIC Motor. The funding round will supercharge the company’s investment in its... Read more →