Portfolio company short bio
SpinDrive technology increases process efficiency by up to 10%. We provide tailored active magnetic bearing (AMB) systems for original equipment manufacturers with a competitive price.
Portfolio Company Info

SpinDrive Oy provides active magnetic bearings for Original Equipment Manufacturers (OEMs) in heating, ventilation, and air conditioning (HVAC), and waste heat recovery systems. SpinDrive’s solution reduces energy losses in the machine by half. For a 500-kW unit, this solution mitigates 200 tons of CO2 emissions annually and enables 4-year payback time. Active magnetic bearings are levitating the rotational part of the machine, which enables 20 years of maintenance-free operations and saves on average more than 40 000 EUR annual maintenance costs per machine. The drivetrain is completely oil-free, which allows OEM customers to enter rapidly growing markets and ensure alignment with a contaminant-free environmental strategy.

Card info

Founders/CEO name: Janne Heikkinen (LinkedIn), Nikita Uzhegov (LinkedIn)

Founded: 2015
Location: Lappeenranta, Finland
Sector: Energy; Transportation;
Total amount raised (mln EUR): 0.5
Employees range: 2-10

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