Butterfly Ventures invests in SpinDrive

SpinDrive is a Finnish start-up that provides tailored magnetic bearing systems for original equipment manufacturers (OEMs). The company was founded in 2015 with the four founding members forming the board. SpinDrive is democratizing levitation and promoting emerging technology of high-speed machinery towards completely oil-free operation and the highest efficiency.   SpinDrive completed seed capital investment round during 2019. The funding was led…