Samsung-Backed Electric Motor Startup Alva Industries Raises €16M For International Expansion

Alva Industries, a Norway-based deep-tech startup developing ultra-compact, high-performance electric motors, bagged €16 million in equity funding.

The round was co-led by Nysnø Climate Investments, Sandwater and Emerald Technology Ventures, on behalf of Nabtesco Technology Ventures, with participation from existing investors including Statkraft Ventures and EnvisionTech.

Samsung made a multi-million-euro investment through Samsung Ventures in December 2025.

Alva Industries is developing high-performance electric motors using its patented FiberPrinting manufacturing process. With fresh funds, Alva Industries plans to accelerate its international growth and manufacturing capabilities.

The startup already serves customers across robotics, defense, aerospace, medical technology, industrial automation, and autonomous systems.