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NovaTorque

50 employees

Electric motors account for 45% of global electricity consumption, and two thirds of power used in industry.

Basic info

Industry

electrical & electronic manufacturing

Sectors

Electric Vehicle
Manufacturing
Automotive

Date founded

2005

Funding rounds raised

Total raised

$14M

from 3 investors over 3 rounds

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NovaTorque raised $14M on February 6, 2013

Investors: Birchmere Ventures

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NovaTorque raised $13M on May 18, 2012

Investors: Menlo Ventures

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NovaTorque raised $10M on October 1, 2009

Investors: Menlo Ventures

FAQ