HET motor company Linear Labs raises $6M in new funding

October 15, 2020 Brad

Linear Labs has raised an additional $6 million in funding to further develop manufacturing capabilities and grow its employee base. The new capital comes shortly after Linear Labs’ $68.9 million partnership with the City of Fort Worth, Texas, was announced, which includes an incentive package involving Linear Labs’ plans to develop an advanced manufacturing facility.
The patented HET motor technology from Linear Labs produces up to twice the torque of competitor motors —or the same torque in half the size—and can also be made using rare-earth or ferrite magnets. The design is based upon a breakthrough magnetic flux tunnel featuring both dual axial flux and dual radial flux rotors tied together around one stator, meaning it is effectively four motors working as one.
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