New Motion Labs
New Motion Labs (NML) develops drivetrain technology for mobility and industrial markets. Their patented Enduo technology re-engineers traditional chain and sprocket systems to reduce wear, enhance lifespan, and lower energy consumption and manufacturing costs. This technology has already seen success in cycling and e-bike markets and is now targeting global industrial applications.
Funding Round: Equity
Funding Amount: £890K
Date: 05-Aug-2024
Investors: South West Investment Fund
Markets: Mobility, Industrial, Cycling, E-bike, Industrial Machinery Manufacturing
HQ: Exeter, England, United Kingdom
Founded: 2015
Website: https://www.newmotionlabs.com/
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