NGIF Cleantech Ventures announced an equity investment in actuator company Kinitics Automation Limited.

"Kinitics is utilizing cutting edge shape memory alloy technology to disrupt the linear actuator and piston pump markets. These devices have wide applicability across several critical industries including process control for oil and gas, aerospace, automotive, and advanced manufacturing,” said John Adams, NGIF Cleantech Ventures managing partner.

According to NGIF Cleantech Ventures, Kinitics is a leading company in the development of motion control products using shape memory alloy (SMA) materials.

Kinitics manufactures a line of linear actuators and piston pumps based on the company’s bundled wire technology. Responding to the needs of the natural gas industry, the company has developed an electric valve actuator to replace methane venting equipment.

“We have worked with the NGIF team since 2019 and we couldn’t be more excited to have NGIF Cleantech Ventures lead our pre-seed round,” said Dean Pick, president of Kinitics Automation. “This important strategic investment from NGIF Cleantech Ventures is a key step to reaching commercial scale.”