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Modal Motors

Modal Motors

Private
Farmington Hills, MichiganFrontier & Industrial Techhttps://www.modalmotors.com/

Last Round

Grant

Mar 11, 2026

Total Funding Raised

$2.11M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Modal Motors is an industrial manufacturing company that designs and produces high-torque, non-rare-earth electric motors for mobility, robotics, and defense applications.

Sector

Frontier & Industrial Tech

Verticals

Electric Vehicles, Smart Manufacturing, Industrial Robotics, Aviation & Drones, Clean Transportation

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

electric motorstransverse flux motorTFMrare-earth freemagnet-free motorstorque densityelectric generatorsdomestic manufacturingonshoringmodular motorthermal managementEV powertraindrone propulsionindustrial roboticssupply chain security

Historical Pricing

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Caplight Momentum Score

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Modal Motors Comparables

Compare Modal Motors with similar companies based on industry and business-model similarity.

Modal Motors comparables — related companies by embedding similarity
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Linear Labs
84%
Vimag Labs
81%
Conifer
80%

Modal Motors Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantMar 11, 2026
SeedOct 23, 2025
GrantSep 26, 2025
GrantSep 23, 2025
AcceleratorDec 18, 2024

Modal Motors Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 1, 2026

    Grew 67% QoQ from 6 to 10 employees.

  • May 20, 2026

    Monthly visitors increased 111% MoM, reaching 2.6K.

Recent news

Latest coverage and updates

  • is_developingSep 24, 2026

    Modal Motors, Inc. is developing high-efficiency, lightweight electric motors on Sep 23rd '26.

  • receives_awardAug 4, 2026

    Modal Motors, Inc. received award Mobility Award and People's Choice Award on Jul 1st '25.

Modal Motors Filings

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Modal Motors filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Modal Motors's valuation, stock price, and market status.

Is Modal Motors a public or private company?

Modal Motors is a private company.

What is the current stock price of Modal Motors?

Modal Motors is a private company with no public stock price. No recent secondary market data is available.

How much is Modal Motors worth (valuation)?

Valuation information for Modal Motors is not publicly available.

Can I buy Modal Motors stock?

Modal Motors shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Modal Motors's last funding round?

Modal Motors's most recent funding round was Grant on March 11, 2026.

Who are the main investors in Modal Motors?

Key investors in Modal Motors include Michigan Office of Future Mobility and Electrification, Ann Arbor SPARK, Centrepolis Accelerator, Michigan Capital Network, Department of Energy.

Will Modal Motors IPO soon?

No public IPO plans have been announced for Modal Motors.

How can I track Modal Motors secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Modal Motors's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersFarmington Hills, Michigan
Employee Range9
Year Founded2024
Last FundingMar 11, 2026

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