Infinitum raises $35 million in a Series E extension led by Marunouchi Innovation Partners and Rice Investment Group to scale the sustainable air-core motor system for decarbonization efforts.
Amount Raised
$35 Million
Round Type
Series E
AustinManufacturingInformation TechnologyInvestors
Description
Infinitum, the creator of the sustainable air-core motor, has announced an extension of its Series E funding with an additional $35 million from Marunouchi Innovation Partners and Rice Investment Group. The total Series E funding now amounts to $220 million, which will be used to meet customer demand and drive decarbonization efforts.
Quick answer
Infinitum raised $35 Million in a Series E round, dated July 16, 2024. Investors: Rice Investment Group and Marunouchi Innovation Partners. Infinitum is based in Austin, Texas, United States.
- How much did Infinitum raise?
- Infinitum raised $35 Million in a Series E round on July 16, 2024.
- Who invested in Infinitum?
- Rice Investment Group and Marunouchi Innovation Partners are named as investors in this round.
- 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.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Pipeline2Space raised $17K (Pre-Seed) on August 30, 2024.
- Sustainable Composites raised $75K (Seed) on August 30, 2024.
- Okami Medical raised $19M on August 30, 2024.
- Evo raised $3.3M on August 30, 2024.
- Level raised $3.6M (Seed) on August 29, 2024.
Who to call at Infinitum, and when
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- 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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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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