Fundraising FoxLaserMotive
Kent, US · Delaware corporation
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Founders & leadership
TN
Tom Nugent, Jr.Founder
TJ
Timothy JenksExecutive
RZ
Robert ZakBob Zak's name updated to reflect legal first name
CO
Claes OlssonExecutive
Board
RG
Richard GustafsonBoard director
SA
Scott AndersonBoard director
Reported raises · per SEC filings
Form D private placements$22.3M disclosed across 4 of 5 rounds · 2016–2025
▶$7.7MraisedJun 2026 · 43 investors · OtherRule 506(b)
▶$7.7MraisedJun 2026 · 43 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Tom Nugent, Jr.Executive Officer
- Robert ZakExecutive Officer
- Claes OlssonExecutive Officer, Director
- Scott AndersonDirector
- Timothy JenksExecutive Officer
- Offering amount
- $10M
- Amount sold
- $7.7M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$7.6MraisedApr 2025 · 68 investors · OtherRule 506(b)
▶$7.6MraisedApr 2025 · 68 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Timothy JenksExecutive Officer
- Robert ZakExecutive Officer
- Tom Nugent, Jr.Executive Officer
- Richard GustafsonDirector
- Scott AndersonDirector
- Claes OlssonExecutive Officer, Director
- Offering amount
- $11.6M
- Amount sold
- $7.6M
- First sale
- Jul 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4MraisedNov 2023 · 58 investors · OtherRule 506(b)
▶$4MraisedNov 2023 · 58 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Richard GustafsonExecutive Officer, Director
- Bob ZakExecutive Officer
- Tom Nugent, Jr.Executive Officer
- Scott AndersonDirector
- Claes OlssonExecutive Officer, Director
- Offering amount
- $5M
- Amount sold
- $4M
- Minimum investment
- $15K
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.9MraisedMay 2019 · 56 investors · OtherRule 506(b)
▶$2.9MraisedMay 2019 · 56 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Scott AndersonDirector
- Claes OlssonExecutive Officer, Director
- Richard GustafsonExecutive Officer, Director
- Offering amount
- $2.9M
- Amount sold
- $2.9M
- First sale
- Mar 2016
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 2 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| NASA | Phase I | 2021 | $121.7K |
| U.S. NavyNavy | Phase I | 2013 | $79.7K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- Who founded LaserMotive?
- LaserMotive was founded by Tom Nugent, Jr..
- How much funding has LaserMotive raised?
- LaserMotive has disclosed $22.3M raised across 4 of its 5 known rounds.
- Where is LaserMotive headquartered?
- LaserMotive is headquartered in Kent, US.