Modal Motors, a Michigan-based electric motor manufacturer specializing in non-rare earth hub motors, drone propulsion systems and robotic actuators, has raised $2 million in a seed funding round. The company will use the funding to bring its next generation of electric motors into production.
The new funds will accelerate Modal Motors’ transition from R&D and prototyping to full-scale manufacturing at its Michigan facilities, supporting the company’s mission to redefine electric propulsion through 100% US-based production and a fully domestic supply chain.
Modal’s proprietary motors are designed to deliver high efficiency, modularity and compatibility with automated assembly, enabling faster production and reduced environmental impact. Applications include electric vehicles, drones and industrial robotics.
“Our technology eliminates dependence on rare earth materials and complex global supply chains,” said founder and CEO Michael Van Steenburg. “This seed round gives us the resources to move from prototypes to production and deliver scalable solutions for mobility, aerospace and robotics applications—all proudly made in America.”
Source: Modal Motors
