Round Type
Venture
AustinManufacturingInformation TechnologyDescription
Infinitum Electric, creator of the breakthrough air-core motor, today announced it has received an equity investment from Caterpillar Venture Capital Inc., the venture capital arm of Caterpillar Inc. (CAT), the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, through Cottonwood Technology Fund. The proceeds will be used to further expand production of Infinitum Electric’s IEs Series motor systems for industrial applications and for the development of a new line of smaller, lighter, quieter and more efficient alternators. Infinitum Electric alternators are expected to be one third the size and weight of traditional alternators: targeting the growing $17 Billion annual alternator market.
Quick answer
Infinitum raised an undisclosed amount in a funding round, dated August 19, 2021. Infinitum is based in Austin, Texas, United States.
- How much did Infinitum raise?
- Infinitum raised an undisclosed amount in a funding round on August 19, 2021.
- What does Infinitum do?
- Infinitum is at the forefront of making electric motors more efficient, more durable, lighter weight and less expensive.
- Where is Infinitum based and how big is it?
- Infinitum is based in Austin, Texas, United States. Fundz records about 161 employees.
- Who are the decision-makers at Infinitum?
- Fundz holds 1 contact at Infinitum, including the Founder & CEO . Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Infinitum that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $6.1M on July 21, 2021.
- Elbit raised $36M (Funding Round) on October 3, 2021.
- Apis Cor Inc raised $170K (Seed) on October 1, 2021.
- Thaiwala raised $1.6M (Seed) on October 1, 2021.
- Apis Cor Inc raised $1.6M (Seed) on October 1, 2021.
- PMGC Holdings Inc. raised $139K (Pre-Seed) on October 1, 2021.
Who to call at Infinitum, and when
A new round usually means Infinitum is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Infinitum raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Infinitum, from your own LinkedIn network
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Fundz sees it the moment Infinitum raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Infinitum raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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