Alva Industries Raises €16M to Scale Its Ultra-Compact Electric Motors
July 2, 2026 – 12:23 pm
Alva Industries has secured €16 million to ramp up production of its innovative ultra-compact electric motors. The Trondheim-based deep-tech company announced this on July 2nd.
The funding round was led by Nysnø Climate Investments, Sandwater, and Emerald Technology Ventures (investigating on behalf of the Nabtesco Technology Ventures fund), with existing investors Statkraft Ventures and EnvisionTech also participating. Samsung Ventures, which previously invested a multi-million euro amount in December 2025, has converted this stake into shares as part of the current round.
At the heart of Alva’s success lies FiberPrinting, a patented manufacturing process that weaves conductive fibres into a motor’s stator instead of traditional copper wiring. This results in:
- A lighter and slotless design compared to conventional motors.
- Reduced low-speed resistance, eliminating cogging.
- High torque packed into a compact frame.
These characteristics make Alva’s motors ideal for applications requiring precise actuation in spaces with limited room, such as robotic hands, drone gimbals, or surgical tools.
The company boasts hundreds of active projects across commercial and defense markets, gaining traction among original equipment manufacturers (OEMs) in robotics, aerospace, and medical devices.
Founded in 2017 by Jørgen P. Selnes, Sybolt L. Visser, and Knut K. Nielsen, Alva has previously collaborated with Lockheed Martin and Boeing. Oliver Skisland currently leads the company as CEO.
"Alva is on a mission to empower a new generation of machines that are stronger, lighter, safer, and more reliable," expressed Skisland in the official announcement. "This investment enables us to accelerate our technology roadmap, expand production, and solidify our position as a global supplier of high-performance electric motors."
The newly secured capital will be allocated to:
- Expand manufacturing capacity
- Continue developing Alva’s product line
- Support international growth
Currently, production is based in Norway, with plans to significantly scale up to meet the increasing demand across various sectors.
Investors expressed high hopes for Alva’s potential, highlighting its ability to become a category-defining company and compete globally.