Tech Company Financing Transactions

Infinitum Electric Funding Round

On 5/26/2021, Infinitum Electric secured $40 million in Series C funding from Energy Innovation Capital, Ajax Health and Chevron Technology Ventures.

Transaction Overview

Company Name
Announced On
5/26/2021
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Proceeds Purpose
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.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
700 Jeffrey Way 200
Round Rock, TX 78665
USA
Phone
Undisclosed
Email Address
Overview
Infinitum Electric was born in 2016 by founders with decades of experience and a deep understanding of how electrification will impact the world. Our mission is to disrupt the way electric machines consume and create electricity.
Profile
Infinitum Electric LinkedIn Company Profile
Social Media
Infinitum Electric Company Twitter Account
Company News
Infinitum Electric News
Facebook
Infinitum Electric on Facebook
YouTube
Infinitum Electric on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Benjamin Schuler
  Benjamin Schuler LinkedIn Profile  Benjamin Schuler Twitter Account  Benjamin Schuler News  Benjamin Schuler on Facebook
Chief Financial Officer
Peter Pearson
  Peter Pearson LinkedIn Profile  Peter Pearson Twitter Account  Peter Pearson News  Peter Pearson on Facebook
Chief Operating Officer
Michael Gray
  Michael Gray LinkedIn Profile  Michael Gray Twitter Account  Michael Gray News  Michael Gray on Facebook
Controller
Melissa Tankersley
  Melissa Tankersley LinkedIn Profile  Melissa Tankersley Twitter Account  Melissa Tankersley News  Melissa Tankersley on Facebook
VP - Bus. Development
Bhavnesh Patel
  Bhavnesh Patel LinkedIn Profile  Bhavnesh Patel Twitter Account  Bhavnesh Patel News  Bhavnesh Patel on Facebook
VP - Engineering
Paulo Guedes-Pinto
  Paulo Guedes-Pinto LinkedIn Profile  Paulo Guedes-Pinto Twitter Account  Paulo Guedes-Pinto News  Paulo Guedes-Pinto on Facebook
VP - Product Management
Shams Shaikh
  Shams Shaikh LinkedIn Profile  Shams Shaikh Twitter Account  Shams Shaikh News  Shams Shaikh on Facebook


 

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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