FundedIQ
Manufacturing

Modal Motors: Funding, Investors & Team (Sep 2026)

Modal Motors is an advanced technology electric motor company that manufactures motors and controllers in the USA in fully automated cells.

www.modalmotors.com LinkedIn Farmington Hills, United States 1-10 employees
Total raised
$2.0M
Rounds
1
Latest
Seed
Nov 2025

Modal Motors has raised $2.0M across 1 funding round on record, the most recent a Seed of $2.0M announced in Nov 2025.

That round is below the $7.5M median round size for United States companies tracked on FundedIQ over the last two years.

Modal Motors Company Profile and Key Stats

Total funding raised
$2.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$2.0M in Nov 2025
Employees
1-10
reported band
Headquarters
Farmington Hills, United States

Latest funding round on record: Nov 2025.

Modal Motors Funding Rounds

Date
Round
Amount
Seed
$2.0M

Modal Motors Founders and Leadership Team

Name
Role
Contact
Michael Van Steenburg
Locked

Contact details for the Modal Motors team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.

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Modal Motors Funding in Context

Segment
Companies
Median round
29,795
$7.5M
16,575
$3.1M

Modal Motors' latest round of $2.0M is below the median round in United States. Medians cover the last 24 months of disclosed rounds.

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Modal Motors Funding FAQs

What does Modal Motors do?

Modal Motors is an advanced technology electric motor company that manufactures motors and controllers in the USA in fully automated cells.

How much funding has Modal Motors raised?

Modal Motors has raised $2.0M across 1 round on record. The most recent is a Seed of $2.0M announced in Nov 2025.

When did Modal Motors last raise funding?

Modal Motors' most recent funding round on record is a Seed of $2.0M, announced in Nov 2025.

Where is Modal Motors headquartered?

Modal Motors is based in Farmington Hills, United States.

How many employees does Modal Motors have?

Modal Motors is in the 1-10 employee band.

About FundedIQ's Modal Motors 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 Modal Motors is left off this page rather than filled in.

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