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Enedym

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Enedym | SRM Technologies | Changing how the world moves, together

Hamilton, CanadaFounded 2015Energy

Valuation $50–100M Last recorded · 2021

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Enedym

Enedym is a pioneering company in the electric motor industry, specializing in the development of novel switched reluctance motor (SRM) drive technologies. These technologies are designed to revolutionize energy systems by providing simpler construction, lower costs, higher efficiency, and better robustness compared to traditional motor systems. Enedym operates in the electric propulsion market, serving a diverse range of clients including automotive manufacturers, industrial equipment producers, and renewable energy companies. The company’s business model is centered around the design, development, and licensing of its proprietary motor technologies, as well as offering prototyping and consulting services. Enedym generates revenue through the sale of its motor systems, licensing agreements, and strategic partnerships. The company is committed to sustainability and aims to have a lasting positive impact on the world by challenging the status quo and promoting cleaner, more efficient energy solutions.

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At a glance

Status: Operational
Founded: 2015
Headquarters: Hamilton, Canada
Employees: 58
Open positions: None listed
Dealroom signal: 84.1/100
Industry: Energy
Sector: Energy, Hard Tech
Links: Website LinkedIn

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VC✓Equity / VC	Oct 2025	$0	—	Honda Xcelerator Ventures	↗
GRANTOther financing	Feb 2022	$2.4M	—	Sustainable Development Technology Canada	—

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Growth signals

Enedym website traffic

Latest recorded traffic for Enedym is 3K monthly website visits, up 30.4% over the last three months. Enedym's team grew 48.7% over the past year.

Latest monthly visits3K 3-month web change+30.4% 1-year team growth+48.7%

Monthly website visitsJan 2022–Jul 2026

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