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Infinitum Extends Series E Funding with $35 Million from Marunouchi Innovation Partners and Rice Investment Group
Jul 16, 2024•almost 2 years ago
Contract Type
partnership
AustinManufacturingInformation Technology
Description
Infinitum has secured an additional $35 million in funding from Marunouchi Innovation Partners and Rice Investment Group, bringing the total Series E funding to $220 million. This funding will be used to scale the company to meet customer demand and drive decarbonization efforts in various industries.
Company Information
Company
Infinitum
Location
Austin, Texas, United States
About
Infinitum is at the forefront of making electric motors more efficient, more durable, lighter weight and less expensive. Our disruptive motor and control products utilize our patent-pending Printed Circuit Board (PCB) stator technology and provide broad application across multiple industries. We work with global manufacturers and industrial OEMs to customize our technology for specific applications and market segments.
AustinManufacturingInformation Technology