What is Linear Labs?
Linear Labs is at the forefront of energy innovation, developing the highest torque and efficiency electric motor systems available. Their patented breakthroughs enable double the torque of competitive motors, leading to increased range and substantially lowered power consumption. These smart electric motors are IoT connected and feature machine learning intelligence software. A key differentiator is the world's first electric transmission capable of real-time adjustments to changing conditions, compounding efficiencies as motor settings are customized to specific application and usage needs. This technology positions Linear Labs to usher in a new era of smarter energy utilization across various sectors.
How much funding has Linear Labs raised?
Linear Labs has raised a total of $27.6M across 4 funding rounds:
Angel/Seed
$4.5M
Debt
$150K
Unspecified
$6M
Series A
$17M
Angel/Seed (2019): $4.5M with participation from Science Inc.
Debt (2020): $150K led by PPP
Unspecified (2020): $6M supported by Kindred Ventures, Duke Angel Network, Champion Hill, Moving Capital, SPIKE VENTURES, Lowercarbon Capital, and Gen Fukunaga
Series A (2022): $17M featuring Kindred Ventures, Capital Factory companies, OzoneX Ventures, Lowercarbon Capital, Champion Hill Ventures, THRC Investments, SALTWATER HUMAN CAPITAL, and Folsom Point Equity
Key Investors in Linear Labs
Science Inc.
Science Inc. is an investment firm that focuses on effecting business combinations, particularly in the direct-to-consumer (D2C) brands, D2C services, and mobile and social entertainment sectors. They aim to support companies with innovative business models and market potential.
Kindred Ventures
Kindred Ventures is an early-stage venture capital firm founded by Steve Blank, focusing on founders addressing significant problems. They invest in companies with strong potential for disruption and growth, often in sectors like mobility and technology.
SPIKE VENTURES
SPIKE VENTURES, likely associated with Spike Growth Agency, is a growth marketing firm that specializes in accelerating client acquisition and automating funnels, particularly for technology and innovative companies seeking to enhance customer engagement and conversion rates.
What's next for Linear Labs?
With its recent major strategic investment, Linear Labs is poised for accelerated scaling and market penetration. The company's focus on ultra-high efficiency and advanced torque capabilities in electric motors, coupled with its intelligent, adaptive transmission technology, suggests a strategic expansion into high-demand markets such as electric vehicles and industrial automation. Future developments will likely involve further integration of AI and IoT capabilities to optimize energy consumption and performance, solidifying its position as a leader in the smarter energy sector. The substantial enterprise-level funding indicates a trajectory towards significant growth and potential industry disruption.
See full Linear Labs company page
