YASA designs and manufactures axial-flux electric motors and controllers that the company says offer best-in-class power and torque densities and the smallest, lightest form factor for a given power and torque requirement. Its proprietary axial-flux designs are targeted at hybrid and pure electric vehicle applications as well as aerospace customers. A luxury hybrid car now in series production is powered by a custom YASA motor, indicating commercial adoption. The company is privately held and based in Oxford, England. YASA closed a £18m (€20m) funding round to enable scaling to meet rapidly growing customer demand from automotive and aerospace sectors. The round brings additional operational and strategic backing as YASA prepares for rapid growth. YASA produces proprietary axial-flux electric motors and controllers that offer high power and torque densities for hybrid and pure electric vehicles, as well as marine and aerospace uses. The company says its motors enable automakers to reduce weight, improve performance and meet stricter emissions targets. YASA has opened a new 100,000-unit capacity production facility in Oxford to meet growing demand, with 80% of production destined for export including customers in China. The company has signed long-term development and supply agreements with automotive customers and is displaying vehicles from Nissan, Jaguar Land Rover and Williams Advanced Engineering. Management plans to use the recent growth funding to invest in volume production capacity and to address markets beyond automotive, including aerospace and marine. Investors include Parkwalk Advisors and Universal Partners.

Total raised

$43M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2019