Tech Company Financing Transactions
Infinitum Funding Round
Just Climate, Ajax Strategies and Alliance Resource Partners invested in a $185 million Series E funding round for Infinitum. The round was announced on 11/3/2023.
Transaction Overview
Company Name
Announced On
11/3/2023
Transaction Type
Venture Equity
Amount
$185,000,000
Round
Series E
Investors
Proceeds Purpose
The company intends to use the funds to increase production to meet customer demand and drive decarbonization in the industrial sector.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
106 East Old Settlers Boulevard Building D 106
Round Rock, TX 78664
USA
Round Rock, TX 78664
USA
Phone
Undisclosed
Website
Email Address
Overview
Infinitum is setting the bar for the next generation of motors to be better for the planet -- and for people. Not satisfied with being the most efficient, our goal was to design a motor that opens up sustainable design possibilities for end users by being smaller, lighter, and quieter than conventional motors. A motor that delivers more than exceptional energy savings; a motor that makes a big impact on the world with a smaller carbon footprint across its lifecycle.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernard Schuler
Browse more venture capital transactions:
Prev: 11/3/2023: Precision Compounding Pharmacy venture capital transaction
Next: 11/3/2023: Inclusivity Solutions venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to record every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs