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Infinitum Electric Raises $40M in Series C Funding


Infinitum Electric, an Austin, Texas-based creator of an air-core motor, raised $40m in Series C funding.
The round was led by Energy Innovation Capital with participation from existing investors Cottonwood Technology Fund, Chevron Technology Ventures and Ajax Strategies. Rockwell Automation also purchased an equity stake in Infinitum Electric, bringing the company’s total funding to date to $55m.
The company intends to use the funds to expand production of its IEs Series motors for commercial and industrial applications and complete development of its IEm Series motors for the electric vehicle market.
Led by Ben Schuler, founder and CEO, Infinitum Electric has developed air-core stator technology which allows for smart and light electric motors and generators. After being introduced in 2020, the company’s motors have gained traction among commercial HVAC, industrial, and automotive suppliers developing new products with environmental sustainability and efficienc ....

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Infinitum Electric raises $40 Million in Series C; PCB motor


Infinitum Electric raises $40 Million in Series C; PCB motor
Infinitum Electric, developer of the printed circuit board (PCB) motor (earlier post), raised $40 million in Series C funding to scale production of its ultra-high-efficiency, lightweight motors. The investment will be used to expand production of the company’s IEs Series motors for commercial and industrial applications and complete development of its IEm Series motors for the rapidly growing electric vehicle market.
Infinitum Electric’s motor design replaces the copper wire and laminated iron core found in conventional motors with a silicon-based printed circuit board stator, making the motor smaller, lighter and more efficient. Infinitum Electric motors are 10% more efficient, 50% lighter and smaller, and significantly quieter than conventional motors, the company says. Infinitum Electric motors offer a fully integrated system: motor, variable frequency drive (VFD) and embedded IoT in a single compa ....

Department Of Energy , Energy Innovation Capital , Services Administration , Rockwell Automation , Cottonwood Technology Fund , Chevron Technology Ventures , Infinitum Electric , Innovation Capital , Ajax Strategies , Green Proving Ground , துறை ஆஃப் ஆற்றல் , ஆற்றல் கண்டுபிடிப்பு மூலதனம் , ராக்வெல் ஆட்டோமேஷன் , காட்டன்வுட் தொழில்நுட்பம் நிதி , செவ்ரான் தொழில்நுட்பம் முயற்சிகள் , முடிவிலி மின்சார , கண்டுபிடிப்பு மூலதனம் , அஜாக்ஸ் உத்திகள் ,