Washington, United Kingdom
Overview of Advanced Electric Machines (AEM)
Name: Advanced Electric Machines
Slogan: Truly sustainable electric motors
Description: Advanced Electric Machines (AEM) designs and manufactures truly sustainable, high-performing electric traction motors. AEM motors are rare earth magnet-free, reducing supply chain volatility and product cost. By removing permanent magnets, our electric motors have no risk of demagnetisation, making them safer and reducing thermal management complexity and risks. No magnets also means the rotor can freewheel, improving motor efficiency and allowing the vehicle to coast when needed. This means our range of electric motors allow our customers to go faster and travel further with a lower footprint than other motor technologies. AEM's motor solutions are designed to meet the demands of all our customers’ applications, from trucks and buses to road trains and trailer-driven axles.
Founded: 2017
Industries: Manufacturing, Automotive
Headquarter: United Kingdom
Last Investment: £23.00M Series A investment at 20 November 2023
Last Investment Investors: Barclays, Northstar Ventures, Par Equity, Legal & General Capital, Low Carbon Innovation Fund, Renewable Environmental Investments, Turquoise International
AEM, a UK-based company founded in 2017, focuses on designing and manufacturing sustainable electric traction motors. Their motors are rare earth magnet-free, offering advantages such as reduced supply chain volatility and product cost. The firm recently secured a significant £23.00M Series A investment on 20 November 2023. The impressive list of investors includes Barclays, Northstar Ventures, Par Equity, Legal & General Capital, Low Carbon Innovation Fund, Renewable Environmental Investments, and Turquoise International. AEM's innovative approach to electric motor technology positions them as a promising player in the manufacturing and automotive industries.
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