1. 02 Jul 2026

   Funding round

   €16.0M

   Cumulative €16.0M

Amounts in EUR, converted at the ECB rate on the event date. Every figure links to its source.

• Funding02 Jul 2026EUR 16.0M

  Alva Industries lands €16M to scale next-generation electric motors

  ▸Source: Tech.eu

  “New investment will support Norwegian deeptech company Alva Industries as it expands manufacturing, advances its electric motor technology and grows its international presence across advanced…”

  Read at Tech.eu

• Jørgen Selnes

  Founder & Chief Strategy Officer

• Oliver Skisland

  CEO

Raised €16.0M to date · FY2024 turnover €1.2M · 59 employees

• ≈€20K turnover per employee (FY2024).

What does Alva Industries do?

deeptech company specializing in electric motors

When was Alva Industries founded?

Alva Industries was founded in 2017.

Where is Alva Industries headquartered?

Alva Industries is based in Norway.

How much funding has Alva Industries raised?

Alva Industries has raised €16.0M (across 1 round · last 02 Jul 2026).

What was Alva Industries's latest funding round?

Alva Industries's most recent disclosed round was a funding round of €16.0M, announced 2 July 2026.

What is Alva Industries's revenue?

Alva Industries reported €1.2M in turnover for FY2024, per official registry filings.