£23.0M
Legal & General Capital and Barclays Sustainable Impact Capital co-led the Series A round to support manufacturing expansion and international growth.
AE
Advanced Electric Machines
Advanced Electric Machines builds sustainable electric motors for commercial and passenger vehicles.
Newcastle upon Tyne, UK—Founded 2017
£23.0MTotal raised
Advanced Electric Machines designs and manufactures sustainable electric motors and powertrain systems without the use of rare-earth magnets or copper windings.
Founders
JW
James Widmer
CEO and co-founder
AS
Andrew Steven
Co-founder