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SpinDrive

Finnish company providing affordable active magnetic bearings for original equipment manufacturers (OEMs)

SpinDrive has raised €6.3M across 3 funding rounds from 5 investors, most recently a Growth/Late round in Oct 2025. Based in Helsinki, Finland; active in Cleantech. Data as of 28 Oct 2026.

Total raised
€6.3M
€6,300,000
Funding rounds
3
Investors
5
distinct backers
Active since
2023-11
latest 2025-10

Funding by year

EUR raised per year
SpinDrive — funding by year — interactive chart.
Data table
SpinDrive — funding by year
2023€3.8M
2024€2.5M
2025€0

Signals

High confidence
Raise-next likelihood41
base rate 37% for Growth/Late
  • ▲ In typical raise window
  • ▼ Down/flat last round
  • ▼ Low backer re-investment
Exit likelihood15
base rate 11% (2+ rounds)
  • ▲ Recent equity round, but funding momentum is down (may be rescue financing)

Timing: in window vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.

Funding rounds

3 rounds
DateStageAmountInvestors
2025-10-28Growth/Late—Innovestor,Rhapsody Venture PartnersView deal →
2024-03-05Other€2.5MEuropean Innovation Council (EIC) Accelerator ProgrammeView deal →
2023-11-08Series A€3.8MBorn2Grow,Existing investors,Rhapsody Venture PartnersView deal →

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