Tech Company Financing Transactions

Infinitum Electric Funding Round

Infinitum Electric, based in Round Rock, raised $30 million from Alliance Resource Partners, Caterpillar Venture Capital and Cottonwood Technology Group.

Transaction Overview

Company Name
Announced On
11/8/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors

Alliance Resource Partners (Lead Investor)

Caterpillar Venture Capital (Lead Investor)

Cottonwood Technology Group (Lead Investor) (David Blivin)

Riverstone Holdings (Lead Investor) (John Staudinger)

Proceeds Purpose
The company intends to use the funds to expedite commercial and industrial motor production by expanding and fully automating assembly at its 65,000 square foot facility in Mexico.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
700 Jeffrey Way 200
Round Rock, TX 78665
USA
Phone
Undisclosed
Email Address
Overview
Infinitum Electric was born in 2016 by founders with decades of experience and a deep understanding of how electrification will impact the world. Our mission is to disrupt the way electric machines consume and create electricity.
Profile
Infinitum Electric LinkedIn Company Profile
Social Media
Infinitum Electric Company Twitter Account
Company News
Infinitum Electric News
Facebook
Infinitum Electric on Facebook
YouTube
Infinitum Electric on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Benjamin Schuler
  Benjamin Schuler LinkedIn Profile  Benjamin Schuler Twitter Account  Benjamin Schuler News  Benjamin Schuler on Facebook
Chief Financial Officer
Peter Pearson
  Peter Pearson LinkedIn Profile  Peter Pearson Twitter Account  Peter Pearson News  Peter Pearson on Facebook
Chief Operating Officer
Michael Gray
  Michael Gray LinkedIn Profile  Michael Gray Twitter Account  Michael Gray News  Michael Gray on Facebook
Controller
Melissa Tankersley
  Melissa Tankersley LinkedIn Profile  Melissa Tankersley Twitter Account  Melissa Tankersley News  Melissa Tankersley on Facebook
VP - Bus. Development
Bhavnesh Patel
  Bhavnesh Patel LinkedIn Profile  Bhavnesh Patel Twitter Account  Bhavnesh Patel News  Bhavnesh Patel on Facebook
VP - Engineering
Paulo Guedes-Pinto
  Paulo Guedes-Pinto LinkedIn Profile  Paulo Guedes-Pinto Twitter Account  Paulo Guedes-Pinto News  Paulo Guedes-Pinto on Facebook
VP - Product Management
Shams Shaikh
  Shams Shaikh LinkedIn Profile  Shams Shaikh Twitter Account  Shams Shaikh News  Shams Shaikh on Facebook


 

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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