Conifer
Conifer develops rare-earth-free electric hub motors using ferrite magnets, offering higher efficiency and power in a smaller size than comparable options. Their 'drop-in' design allows easy replacement in existing vehicles, targeting small mobility, on/off-road, and other applications like lawnmowers and HVAC equipment. Conifer aims to localize its supply chain and automate manufacturing for cost reduction and scalability.
Buy Funded Startups lists
Funding Round: Seed
Funding Amount: $20M
Date: 14-Apr-2025
Investors: True Ventures, MaC Ventures, MFV Partners
Markets: Electric Motors, Automotive, Small Mobility
HQ: Sunnyvale, California, United States
Founded: 2022
Website: https://www.conifer.io/
LinkedIn: https://www.linkedin.com/company/coniferio
Twitter: https://twitter.com/coniferrealty
Facebook: https://www.facebook.com/coniferrealty
Crunchbase: https://www.crunchbase.com/organization/conifer
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