Nordic Alpha Partners, a specialist private equity investor in the green industrial transformation, has acquired a significant minority stake in Additive Drives, a German manufacturer of high-performance 3D-printed electric motor technology.
Existing investor AM Ventures also committed new capital, having backed Additive Drives since its seed stage. In total, €25m was invested in the business.
The firm says that by joining as an investor, Additive Drives can accelerate their mission to significantly reduce global energy consumption, enable new types of electrification and upgrade hundreds of sectors with the future of e-motors. The company serves some of the largest blue-chip customers in the world, including Amazon, Airbus, Audi, Schaeffler, BMW.
Nordic Alpha Partners has raised €400m over two funds for deployment across the Nordics and DACH regions.
