Topic: risto siilasmaa

Finnish Startup Secures €25M for Revolutionary EV Wheel Motors

Finnish startup Donut Lab raised €25M in seed funding to advance its in-wheel motor technology, expanding operations with a new UK R&D center and adding investor Risto Siilasmaa to its board. The company's "Donut" motor integrates into wheel rims, eliminating traditional components like axles, of...