ABB: invests in Molg's circular manufacturing process
(CercleFinance.com) - ABB Motion announces an investment via ABB Motion Ventures in Molg, a US company specializing in circular manufacturing, to optimize the design and reuse of ABB drives.
The collaboration draws on Molg's design expertise and its robotic Microfactories in the USA to improve assembly and testing.
Their partnership, which began 2023, after Molg won the ABB Accelerating Circularity Startup Challenge, has already resulted in a successful proof-of-concept. This investment is in line with ABB's goal of adopting a circular approach for 80% of its products by 2030.
It also reinforces ABB's 'local for local' strategy and commitment to the circular economy.
Its financial terms were not disclosed.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The collaboration draws on Molg's design expertise and its robotic Microfactories in the USA to improve assembly and testing.
Their partnership, which began 2023, after Molg won the ABB Accelerating Circularity Startup Challenge, has already resulted in a successful proof-of-concept. This investment is in line with ABB's goal of adopting a circular approach for 80% of its products by 2030.
It also reinforces ABB's 'local for local' strategy and commitment to the circular economy.
Its financial terms were not disclosed.
Copyright (c) 2025 CercleFinance.com. All rights reserved.