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Linear Labs Raises $6 Million in New Funding and Expands Board of Directors

Linear Labs Raises $6 Million in New Funding and Expands Board of Directors

10/14/20, 9:01 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgfort worth
Money raised
$6 million
Smarter energy company Linear Labs has raised an additional $6 million in funding to further develop manufacturing capabilities and grow their employee base. The new capital comes shortly after Linear Labs' $68.9 million partnership with the City of Fort Worth, Texas, was announced, which includes an incentive package involving Linear Labs' plans to develop an advanced manufacturing facility and support thousands of new, skilled jobs over the next 10 years.

Company Info

Company
Linear Labs, Inc.
Location
fort worth, texas, united states
Additional Info
Linear Labs, a U.S.-based smarter energy company, is entering production with the highest torque and efficiency electric motor system ever designed that is redefining mobility, industrial, HVAC and robotic applications, ushering a new era of smarter energy utilization. Linear Labs motors are designed to deliver ultra-high efficiency with patented breakthroughs leading to double the torque of competitive motors, increased range, and significantly lowered power consumption.