Alva Industries lands €16M to scale next-generation electric motors

Alva Industries , the Norwegian deeptech company developing ultra-compact electric motors, has raised €16 million in an equity financing round to support manufacturing expansion and international growth. The round was led by Nysnø Climate Investments, Sandwater and Emerald Technology Ventures, on behalf of Nabtesco Technology Ventures, with participation from existing investors including Statkraft Ventures and EnvisionTech. Samsung Ventures' investment, made in December 2025, has also been conve