Advanced Electric Machines: Funding, Investors & Team (Sep 2026)
Advanced Electric Machines (AEM) develops and manufactures eco-friendly electric motors and powertrain systems that achieve exceptional performance and efficiency and eliminate the need for rare-earth magnets and copper windings. AEM collaborates with top-tier academics, global vehicle manufacturers, and leading industrial partners to deliver advanced technologies for electric vehicles. They have partnered with Bentley Motors to create high-power e-axle systems for luxury cars and with Tevva Hydrogen Electric Trucks to develop integrated solutions for next-generation electrified commercial vehicles. AEM offers two main types of electric motors: - HDSRM, which is a magnet-free traction motor designed for high performance and versatility across various vehicle platforms. It utilizes AEM's patented efficiency-boost technology, resulting in up to a 12% increase in vehicle range for customers. - SSRD, which provides industry-leading performance for passenger vehicles and boasts a 45% improved power-to-weight ratio compared to other permanent magnet motor designs. Additionally, SSRD offers the same sustainability advantages as HDSRM and can be equipped as a fully integrated e-axle system for enhanced efficiency in real-world operating conditions. It is also lightweight and cost-effective. If you are interested in learning more about AEM's products or would like to collaborate with them, feel free to contact them.
Advanced Electric Machines has raised $50.3M across 2 funding rounds on record, the most recent an undisclosed round of $21.5M announced in Aug 2026.
That round is above the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.
Advanced Electric Machines Company Profile and Key Stats
Latest funding round on record: Aug 2026.
Advanced Electric Machines Funding Rounds
Advanced Electric Machines raised $28.8M in a Series A announced in Nov 2023.
2.8 years later, an undisclosed round of $21.5M was announced in Aug 2026.
Advanced Electric Machines Investors
10 investors are recorded in total; the 5 named above are those the record identifies.
Advanced Electric Machines Founders and Leadership Team
Contact details for the Advanced Electric Machines team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.
Start 14-day free trial →Advanced Electric Machines Funding Compared to Other Manufacturing Startups
Advanced Electric Machines' latest round of $21.5M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.
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Advanced Electric Machines Funding FAQs
What does Advanced Electric Machines do?
Advanced Electric Machines (AEM) develops and manufactures eco-friendly electric motors and powertrain systems that achieve exceptional performance and efficiency and eliminate the need for rare-earth magnets and copper windings. AEM collaborates with top-tier academics, global vehicle manufacturers, and leading industrial partners to deliver advanced technologies for electric vehicles. They have partnered with Bentley Motors to create high-power e-axle systems for luxury cars and with Tevva Hydrogen Electric Trucks to develop integrated solutions for next-generation electrified commercial vehicles. AEM offers two main types of electric motors: - HDSRM, which is a magnet-free traction motor designed for high performance and versatility across various vehicle platforms. It utilizes AEM's patented efficiency-boost technology, resulting in up to a 12% increase in vehicle range for customers. - SSRD, which provides industry-leading performance for passenger vehicles and boasts a 45% improved power-to-weight ratio compared to other permanent magnet motor designs. Additionally, SSRD offers the same sustainability advantages as HDSRM and can be equipped as a fully integrated e-axle system for enhanced efficiency in real-world operating conditions. It is also lightweight and cost-effective. If you are interested in learning more about AEM's products or would like to collaborate with them, feel free to contact them.
How much funding has Advanced Electric Machines raised?
Advanced Electric Machines has raised $50.3M across 2 rounds on record. The most recent is an undisclosed round of $21.5M announced in Aug 2026.
When did Advanced Electric Machines last raise funding?
Advanced Electric Machines' most recent funding round on record is an undisclosed round of $21.5M, announced in Aug 2026.
Who has invested in Advanced Electric Machines?
Investors on record for Advanced Electric Machines include Barclays, Northstar Ventures, Par Equity, Innovate UK, PXN Ventures. FundedIQ records 10 investors in total.
Who is the CEO of Advanced Electric Machines?
James Widmer is listed as CEO at Advanced Electric Machines.
Where is Advanced Electric Machines headquartered?
Advanced Electric Machines is based in Blaydon, Newcastle Upon Tyne, United Kingdom.
How many employees does Advanced Electric Machines have?
Advanced Electric Machines is in the 51-100 employee band.
When was Advanced Electric Machines founded?
Advanced Electric Machines was founded in 2016.
How does Advanced Electric Machines' funding compare to other Manufacturing startups?
Advanced Electric Machines' latest round of $21.5M is above the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.
About FundedIQ's Advanced Electric Machines Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Advanced Electric Machines is left off this page rather than filled in.
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