Home>Industry update>Company news>ABB invests in strategic partnership with US start-up Molg to transform drive design and accelerate its contribution to the circular economy
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ABB invests in strategic partnership with US start-up Molg to transform drive design and accelerate its contribution to the circular economy

06 March 2025

ABB MOTION'S Drive Products division has invested, through ABB Motion Ventures, in Virginia-based circular manufacturing company Molg to optimise manufacturing design and reusability of ABB drives.

The collaboration will leverage Molg’s design expertise and US-based robotic Microfactories to streamline the assembly and testing processes within ABB’s manufacturing operations, while simultaneously increasing drives’ circularity and resource efficiency. 

"Our investment in Molg means we are part of an innovation ecosystem which develops new solutions for product circularity," said Tuomo Hoysniemi, ABB Drive Products Division president. "This investment to develop our drives portfolio through recycling and reusing of components is aligned with our aims to increase circularity within our portfolio. What’s more, Molg’s Microfactories are especially suited to the ABB Drive Products’ customisable product range and will give us and increased ability to meet unique customer and market future requirements, while at the same time preserving valuable resources."

ABB and Molg’s relationship began in 2023 when the company was recognised as a winner of the ABB Accelerating Circularity Startup Challenge. ABB Drive Products and Molg have subsequently delivered a successful proof of concept in drives assembly in robotics-based Molg Microfactories and this fresh investment will enable the next phase of their partnership.

 
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