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Manish Seth

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Detail of a metal stator of an electric motor with copper coils, dramatic side lighting, blurred workshop background

Startups

Vimag Labs creates a rare-earth-free electric motor with software control

Indian startup Vimag Labs develops a software-based rare-earth-free electric motor, securing €4.4 million in funding and initial tests with manufacturers.

Marta Uriarte Elizondo · 16 July 2026