Economotor Innovation
Power Control System for Electric Motors
Energy Tech
Non Active, Sep 2025 ceased to operate
Company Overview
Snapshot
Founded in June 2022, Economotor Innovation operates with 1–10 employees. The company has raised $900,000 across one funding round from CanNegev. A key milestone for the company was securing seed funding, which included investment from CanNegev.
Business overview
Economotor Innovation develops a control system for electric synchronous motors, utilizing a novel operating principle to enhance efficiency and increase torque while reducing reliance on permanent magnets. The company's technology is designed for the Energy Tech sector, focusing on energy consumption and efficiency within the broader Climate Tech and Energy Transition markets, particularly for eco-efficient electric vehicle infrastructure and platforms.
Company Intelligence Q&A
- What is Economotor Innovation's primary focus?
- Economotor Innovation focuses on developing a control system for electric synchronous motors, aiming to improve engine efficiency and increase torque.
- When was Economotor Innovation founded?
- Economotor Innovation was founded in June 2022.
- What is the status of Economotor Innovation?
- Economotor Innovation is currently non-active and ceased to operate in September 2025.
- How much capital has Economotor Innovation raised?
- Economotor Innovation has raised $900,000 in total funding.
- Which investor participated in Economotor Innovation's funding round?
- CanNegev participated as an investor in Economotor Innovation's seed funding round, which raised $900,000.