Enedym Inc.

Founded in 2010, Enedym Inc. , based in Canada, specializes in advanced electric motor and propulsion technologies, focusing on efficient switched reluctance motor systems for diverse industries such as automotive and renewable energy. Enedym Inc. develops innovative electric motor technologies, primarily centered around switched reluctance motors.

Founded by Ali Emadi and Berker Bilgin, the company is headquartered in Hamilton, Canada. In October 2025, Enedym Inc. raised an undisclosed amount of venture funding from new investor Honda Motor. Enedym specializes in advanced electric motor and propulsion technologies, with a focus on novel switched reluctance motor (SRM) drive systems.

Their products eliminate the need for permanent magnets in electric motors, enhancing efficiency, robustness, and cost-effectiveness. These technologies cater to the evolving energy demands in automotive, aerospace, and renewable energy sectors, targeting clients globally across North America, Europe, and Asia. Enedym's revenue model hinges on direct sales and partnerships within the electric mobility and energy sectors. Their transactions involve B2B arrangements where clients procure electric motor systems and related services, either through one-time purchases or long-term contracts.

The company's leading product line, featuring patented SRM technologies, meets the growing demand for sustainable propulsion solutions. The company plans to utilize the October 2025 funding to speed up the development of its patented motor technology and grow its operations.