SpinDrive key facts
as of Oct 2026- Manufacturer of magnetic bearing systems designed to reduce energy losses in the machine.
- SpinDrive is valued at approximately $13.0M as of Oct 2026 (last reported valuation).
- It has raised $7.3M; the latest was Later Stage VC in Oct 2025.
- Notable investors include Creative Destruction Lab, MassChallenge, European Innovation Council, Innovestor, D11Z.Ventures — 16 tracked in total.
- Status: Privately Held (backing).
SpinDrive's last reported valuation, Oct 2023. Nothing priced has surfaced since.
- ·The complete investor list: 16 names
- ·Watch SpinDrive: the Monday email on marks, rounds and moves
SpinDrive funding rounds
No funding rounds for SpinDrive are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs SpinDrive
16+SpinDrive valuation
SpinDrive's last reported valuation was $13 million in Oct 2023. No priced round, secondary trade or fund mark has surfaced since.
SpinDrive investors
16 investors are on record for SpinDrive, including Creative Destruction Lab, MassChallenge, European Innovation Council and Innovestor.
About SpinDrive
Manufacturer of magnetic bearing systems designed to reduce energy losses in the machine. The company's systems offer a magnetic bearing sensor that monitors the position of the shaft and sends position information to the magnetic bearing controller, enabling clients to significantly increase their services system efficiency, reduce material consumption, and minimize maintenance costs.
- Sector
- Business Products and Services (B2B)
- HQ
- Lappeenranta, Finland
- Founded
- 2015
- Employees
- 26
- Website
- spindrive.fi/
- Ownership
- Privately Held (backing)
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