SmartMotor Overview

  • Founded
  • 1996
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A

SmartMotor General Information


Creator of compact, high-torque electrical machines utilizing integrated drives and controls. The company bases its products on patented Permanent Magnetic (PM) technology. The company's machines are designed for high-torque applications while operating in harsh environments, such as renewable-power generation systems, marine propulsion, winches, pumping and drilling applications, large-diameter wind generators and high-power density pumps.

Contact Information

Ownership Status
Financing Status
Formerly VC-backed
Primary Industry
Electrical Equipment
Other Industries
Alternative Energy Equipment
Machinery (B2B)
Primary Office
  • Jarleveien 8
  • 7041 Trondheim
  • Norway
+47 73 00 00 00
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SmartMotor Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 23-Aug-2013 Completed Profitable
2. Buyout/LBO 30-Jun-2006 Completed Profitable
1. Early Stage VC 03-Jan-2003 Completed Product Development
To view SmartMotor’s complete valuation and funding history, request access »

SmartMotor Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Procom Venture Venture Capital Minority 000 0000 000000 0
Verdane PE/Buyout Minority 000 0000 000000 0
To view SmartMotor’s complete investors history, request access »