Tech Company Financing Transactions

Advanced Electric Machines Funding Round

Advanced Electric Machines, based in Newcastle upon Tyne, secured $21.5 million from Barclays Sustainable and Impact Banking, Low Carbon Innovation Fund and Northstar Ventures.

Transaction Overview

Announced On
8/4/2026
Transaction Type
Venture Equity
Amount
$21,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will support development of AEM's next-generation high-torque motor platform, extending the company's existing technology into more demanding commercial vehicle and industrial applications.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Blaydon
Newcastle upon Tyne, Undisclosed
UK
Phone
Undisclosed
Email Address
Overview
Advanced Electric Machines Ltd (AEM) was formed in November 2016 to deliver world class motor and drivetrain systems for Low Carbon Vehicles with a focus on cost effective high performance and minimal environmental impact. AEM is focused on putting Britain ahead in the global race for the development of new low carbon propulsion technologiesaiming to use a UK manufacturing base to export products all over the world.
Profile
Advanced Electric Machines LinkedIn Company Profile
Social Media
Advanced Electric Machines Company Twitter Account
Company News
Advanced Electric Machines News
Facebook
Advanced Electric Machines on Facebook
YouTube
Advanced Electric Machines on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James Widmer
  James Widmer LinkedIn Profile  James Widmer Twitter Account  James Widmer News  James Widmer on Facebook
Chief Technical Officer
Andy Steven
  Andy Steven LinkedIn Profile  Andy Steven Twitter Account  Andy Steven News  Andy Steven on Facebook


 

 

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