£1.8M
The funding round includes over £890k from the South West Investment Fund via The FSE Group.
NM
New Motion Labs
New Motion Labs develops re-engineered chain and sprocket technology for industrial and cycling markets.
Exeter, UK—Founded 2015
£2.6MTotal raised
Exeter-based company that re-engineers traditional chain and sprocket systems through its patented Enduo technology.
Filed accounts
Cash at bank
Members only
Net assets
Members only
Shareholders' funds
Members only
Employees
Members only
Cash, assets and headcount from New Motion Labs's latest Companies House filing — with year-on-year movement, free with a Winfred account.
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Team
Marcel Fowler
CEO
Marcel brings hardware and climate innovation experience from roles at New Motion Labs and Breeze Solar. He previously served as chief innovation and sustainability officer and chief executive at New Motion Labs.
LinkedInInvestors
- £1.8M
- £750K
Funding history
£750K
Green Angel Syndicate led the funding round to support the commercialisation of the company products.