New Motion Labs Secures £750k Funding Round at £9.9m Valuation to Advance Patented Chain Drive Technology

Exeter-based New Motion Labs Ltd., a mechanical engineering IP licensing company, has successfully completed a £750k funding round. This latest capital injection values the company at £9.9m on a post-money basis, further fuelling its mission to revolutionise traditional chain drive systems.

Founded on 21 December 2015, New Motion Labs is at the forefront of engineering innovation, developing and licensing its patented Enduo sprocket tooth profile technology. This groundbreaking technology re-engineers ubiquitous chain drives to significantly reduce wear, enhance lifetime, and lower energy loss. The company's solutions are designed for a broad range of applications, including performance cycling, e-bikes, motorcycles, and various industrial sectors. New Motion Labs' LinkedIn profile highlights its disruptive technologies and groundbreaking engineering solutions, specifically noting that its Enduo technology can enable a greater than 3.5x increase in lifetime for chain drives. The company currently employs around 10 individuals according to its latest accounts, with its LinkedIn profile indicating a team of 18.

The recent £750k funding round was filed on 23 April 2026, with an allotment date of 22 April 2026. This investment positions New Motion Labs with a post-money valuation of £9.9m, reflecting continued investor confidence in its proprietary technology and market potential.

This latest raise follows a series of successful capital injections for New Motion Labs. In June 2024, the company secured £1.8m at a valuation of £7.9m. Prior to that, in June 2023, it raised £1.5m at an £8.6m valuation. The current £9.9m valuation represents a notable increase from its £7.9m valuation in June 2024, underscoring the company's growth trajectory and the increasing value attributed to its intellectual property. Earlier in April 2025, the company also saw two smaller raises totalling over £1.2m. In early 2022, New Motion Labs completed several funding tranches, including a significant £1.1m round at a £3.2m valuation.

New Motion Labs operates within the dynamic UK deep tech and manufacturing sectors, where intellectual property plays a crucial role in securing funding and driving growth. The UK's deep tech ecosystem is experiencing significant scaling, with the sector raising $5.9 billion in 2025, making it the second-best funding year on record. Deep tech now accounts for 31% of all UK VC funding, a threefold increase over the last decade. Companies like New Motion Labs, with their focus on patented mechanical engineering solutions, exemplify the IP-intensive nature of this sector. Intellectual property-intensive industries contribute over a quarter of the UK's output, approximately £300 billion annually, and intangible assets, often protected by IP, can constitute 70-80% of a typical firm's value.

While the UK manufacturing sector faces challenges such as cost pressures and uneven access to funding, there remains a strong sense of optimism and a commitment to innovation. Investment in technology and research and development is accelerating, with nearly 30% of manufacturers committing capital to new technology or R&D. The UK government has also demonstrated its commitment to the advanced manufacturing sector, allocating an additional £3 billion in R&D and capital funding over four years. New Motion Labs' success in securing this funding round highlights the ongoing investor appetite for innovative deep tech companies that address fundamental industrial challenges and possess strong intellectual property.

The capital secured in this round will enable New Motion Labs to continue the development and licensing of its Enduo technology, further expanding its reach across performance cycling, e-mobility, and industrial applications globally. This investment is poised to support the company's growth, allowing it to capitalise on the increasing demand for more efficient and durable mechanical drive systems.