IMSystems raises €3M Series A and signs Linamar manufacturing agreement
IMSystems raised a €3 million Series A alongside an exclusive global manufacturing agreement with Linamar for the Archimedes Drive.
Evidence notes
- Linamar and Finindus joined the investor consortium, with InnovationQuarter also providing new capital.
- Linamar committed to become the manufacturing source once the design is proven and production requires scale-up.
- The capital and manufacturing agreement targeted commercialization of the Archimedes Drive for industrial robotics and automation.
Company context
Develops the Archimedes Drive, a zero-backlash traction-drive speed reducer for humanoids, mobile manipulators and industrial robots.