Korean Motor Startup eflow Lands Strategic Investment from Auto Parts Giant Sungwoo Hitech

eflow, a Korean startup specializing in axial flux permanent magnet (AFPM) motors, has raised an undisclosed amount of strategic investment from Sungwoo Hitech, a KOSDAQ-listed automotive parts manufacturer with annual revenues of around $2.68 billion (KRW 4 trillion).

eflow has built a compact, high-torque AFPM motor — a disc-shaped design that shrinks the form factor to one-third the size of conventional motors while delivering more than 250% greater rotational force. The technology earned eflow a CES 2026 Innovation Award, and the company is among just five firms worldwide with the manufacturing capability to mass-produce motors of this complexity.

Sungwoo Hitech made the investment after recognizing eflow’s AFPM motor technology as a strong fit for robotic joint actuation. The two companies plan to jointly expand into next-generation applications including humanoid robots and industrial actuators.