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moves money Electronics For You BUSINESS July 08, 2026

Vimag Labs Secures Fifth India Patent For Magnet-Free Electric Motor Technology

Vimag Labs Secures Fifth India Patent For Magnet-Free Electric Motor Technology
AI Summary

The patent milestone follows the company’s recent USD 5 million Series A funding round led by Accel Vimag Labs has secured its fifth patent in India for its proprietary magnet-free electric motor technology. With this major upgrade, the company prepares for commercial deployment across the electric mobility and industrial sectors. The newly granted patent, titled […]

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