Linear Labs lands $6 million in funding with plans to create thousands of jobs

October 13, 2020

By Kevin Cummings

With a new round of funding, a Fort Worth startup is looking to make the city a hub of “energy 2.0.”

Electric motor systems company Linear Labs announced landing $6 million in a new funding round that included Champion Hill, Lowercarbon Capital, Kindred Ventures, Gen Fukunaga, Duke Angel Network, Spike Ventures, and Uber alumni investing group Moving Capital as backers.

Launched in 2014 by Brad Hunstable and his father, TechFW-incubated Linear Labs originally set out to develop an electric motor that could provide efficient water and electricity to rural Africa and South America. The company now produces large electric motors for a variety of industries, as well as Hunstable Electric Turbines aimed at the micro-mobility market. Earlier this year, it also launched a new line of smaller, personal motors for innovators to tinker with.
Read Article at THE BUSINESS JOURNALS

You May Also Like…