Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > August 2010 VC Transactions
Infinite Power Solutions

Tech Company Financing Transactions

Infinite Power Solutions Funding Round

Infinite Power Solutions, based in Littleton, raised $20 million from Core Capital Partners, D. E. Shaw Group and Polaris Partners.

Transaction Overview

Company Name

Infinite Power Solutions

Announced On

8/17/2010

Transaction Type

Venture Equity

Amount

$20,000,000

Round

Series C

Investors

Core Capital Partners (Lead Investor) (Will Dunbar)

D. E. Shaw Group (Lead Investor) (Alexander Wong)

Polaris Partners (Lead Investor) (Robert Metcalfe)

Applied Ventures

Generation Investment Management

Proceeds Purpose

In response to growing customer demand, the new capital will be used to expand the company's manufacturing capacity, accelerate the build out of its global sales channels and further support advanced research and development of its eco-friendly, THINERGY solid-state rechargeable energy storage devices.

Company Information

Company Status

Out of Business

Industry

Energy & Battery

Mailing Address

11149 Bradford Road
Littleton, CO 80127
USA

Phone

(303) 749-4800

Website

www.infinitepowersolutions.com

Email Address

[email protected]

Overview

Infinite Power Solutions, Inc. (IPS), a privately-held venture backed technology company headquartered near the foothills of the Rocky Mountains in Golden, Colorado, is the global leader in designing, manufacturing, and marketing thin film batteries (TFB) for micro-electronic applications.

Profile

Social Media

Infinite Power Solutions Company Twitter Account

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

James Norrod

Browse more venture capital transactions:

Prev: 8/16/2010: Ayeah Games venture capital transaction
Next: 8/17/2010: Tango Health venture capital transaction

Share this article

News on VC Transactions

We do our best to document every notable VC transaction. VC investment data records on this site are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary