Conifer
Founded 2022 · 56 employees on LinkedIn · 9 known investors
Conifer designs and manufactures powertrains and motors for drones, robots, data centers, and mobility applications using proprietary axial-flux architecture that reduces material costs and increases performance. The company prioritizes supply chain independence through the use of globally abundant magnets.
Founders & leadership
Conifer was founded in 2022 by Ankit Somani.
AS
Ankit SomaniinCo-Founder
Investors · 9
MaC Venture CapitalLos Angeles · $500K – $2M
MFV PartnersSan Francisco Bay Area · $1M – $5M
True VenturesreportedSan Francisco · $500K – $3M
Voyager PartnersreportedSan Francisco · $500K – $5M
Z21 VenturesreportedSan Francisco Bay Area · $500K – $1M
Also in the syndicate · 4
Higher Life VenturesMaC VenturesSilicon Valley BankVoyager
Funding
SEC filings, press & company announcements$20M disclosed across 1 round · 2025
- $20Mseed roundApr 2025 · 3 sources
Higher Life Ventures, MaC Ventures, MFV Partners, Silicon Valley Bank, True Ventures, Voyager, Z21 Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Conifer do?
- Conifer designs and manufactures powertrains and motors for drones, robots, data centers, and mobility applications using proprietary axial-flux architecture that reduces material costs and increases performance. The company prioritizes supply chain independence through the use of globally abundant magnets.
- Who founded Conifer?
- Conifer was founded by Ankit Somani in 2022.
- Who are Conifer's investors?
- Conifer's investors include MaC Venture Capital, MFV Partners, True Ventures, Voyager Partners, Z21 Ventures.
- How much funding has Conifer raised?
- Conifer has disclosed $20M raised across 1 round.