Circular Wave coils together $2m seed round

Mar 29, 2018 •

The Ohio State spinout raised an additional $900,000 to advance its speed control gear technology for industrial robots.

Circular Wave Drive, a US-based robotic gear manufacturer spun out from Ohio State University, added $900,000 in funding on Tuesday to take its seed round to $2m.
The round was led by venture capital firm Ikove Venture Partners.
Circular Wave Drive has created speed reduction gear technology for industrial robots to help control the momentum of internal components, so energy is transferred efficiently.
The system was designed as a streamlined, durable and cost-efficient alternative to the strain-wave speed reduction gears…

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