When was Alva Industries founded?

Alva Industries was founded in 2017.

Where is Alva Industries headquartered?

Alva Industries is headquartered in Trondheim, Norway.

How much funding has Alva Industries raised?

Alva Industries has raised €16.0M (across 2 rounds · 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.

The Index alvaindustries.com

Company · NO · Trondheim

Alva Industries

Trondheim-based Alva Industries builds electric motors on FiberPrinting, a patented process that continuously winds copper into ironless, slotless stator mats instead of wrapping wire around an iron core, reaching up to 60 percent copper fill. The motors ship as the SlimTorq and GearTorq lines for surgical robots, high-precision gimbals and marine propulsion.

Raised: EUR 16.0M
Last round: 02 Jul 2026
Momentum: Quiet
Events: 2

Updated 12 Sep 2026 · Reviewed 12 Sep 2026

Capital

2 rounds · 2025–2026

2017

Founded

2026

Funding round

€16.0M

09 Dec 2025
Funding round
—
Cumulative —
02 Jul 2026 · +7 mo
Funding round
€16.0M
Cumulative €16.0M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

Activity

2 events

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
Funding09 Dec 2025
Samsung Electro-Mechanics made an undisclosed multi million euro investment in Alva Industries through Samsung Ventures in December 2025, ahead of Alva's later EUR 16M equity round. The investment was later converted into equity as part of that round.
▸Source: alvaindustries.com
Read at alvaindustries.com

People

2 people

Jørgen Selnes
Founder & Chief Strategy Officer
Oliver Skisland
CEO

Registry

FY2024

Year	Turnover	Net profit	Headcount	Taxes paid	Source
2024	€1.2M	€-2.2M	59	€-679K	Brreg (NO) · NOK

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

≈€20K turnover per employee (FY2024).

Questions

6 answers

What does Alva Industries do?: Trondheim-based Alva Industries builds electric motors on FiberPrinting, a patented process that continuously winds copper into ironless, slotless stator mats instead of wrapping wire around an iron core, reaching up to 60 percent copper fill. The motors ship as the SlimTorq and GearTorq lines for surgical robots, high-precision gimbals and marine propulsion.
When was Alva Industries founded?: Alva Industries was founded in 2017.
Where is Alva Industries headquartered?: Alva Industries is headquartered in Trondheim, Norway.
How much funding has Alva Industries raised?: Alva Industries has raised €16.0M (across 2 rounds · 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.

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