Deep-tech Startup Alva Industries Raises €16 Mn in equity Round
Jul 2, 2026 | By Oliver Bennett

Norwegian deep-tech startup Alva Industries has raised €16 million in an equity funding round to expand its manufacturing and grow its business internationally.
The funding round was led by Nysnø Climate Investments, Sandwater, and Emerald Technology Ventures on behalf of Nabtesco Technology Ventures.
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Existing investors, including Statkraft Ventures and EnvisionTech, also took part in the round. Samsung Ventures' investment from December 2025 was converted into equity as part of the financing.
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Oliver Skisland, CEO of Alva Industries, said the company is focused on developing electric motors for the next generation of machines, with an emphasis on performance, weight and reliability: "This investment gives us the capacity to accelerate our technology roadmap, expand production and strengthen our position as a global supplier of high-performance electric motors. We are seeing strong demand from customers pushing the limits of what compact electric actuation systems can deliver."
Alva Industries develops lightweight electric motors using its patented FiberPrinting technology. The motors are designed to deliver high performance while remaining compact and efficient.
The company's motors are used in industries such as robotics, aerospace, defence, medical technology, industrial automation, and autonomous systems.
Alva Industries says it is working on hundreds of customer projects across commercial and defence markets. It is also seeing growing demand from OEMs in robotics, aerospace, and medical devices.
The new funding will help Alva Industries increase its manufacturing capacity, develop new products, and expand its business into international markets. The company plans to meet the growing demand for compact electric motors across advanced engineering industries.
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