Tech Company Financing Transactions
Infinitum Electric Funding Round
Infinitum Electric, based in Round Rock, secured $1.8 million in funding from Cottonwood Technology Group and private investors.
Transaction Overview
Company Name
Announced On
1/11/2019
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Series A
Investors
Cottonwood Technology Group (Lead Investor) (David Blivin)
Proceeds Purpose
Infinitum will use the new funding to increase research and development efforts for applications in the Electric Vehicle and Oil and Gas markets.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
700 Jeffrey Way 200
Round Rock, TX 78665
USA
Round Rock, TX 78665
USA
Phone
Undisclosed
Website
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.
Management Team
Title
Name
Email & Social
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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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