Tech Company Financing Transactions

Infinite Power Solutions Funding Round

Infinite Power Solutions, based in Littleton, raised $34.7 million from D. E. Shaw Group, Polaris Partners and Applied Ventures.

Transaction Overview

Announced On
9/6/2006
Transaction Type
Venture Equity
Amount
$34,700,000
Round
Series A
Investors

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

Polaris Partners (Lead Investor) (Robert Metcalfe)

Applied Ventures

Core Capital Partners (Jonathan SIlver)

Proceeds Purpose
Infinite Power Solutions (IPS) announced today that it raised $34.7 million primarily to build new facilities for high-volume manufacturing of its LiTE*STAR� thin-film batteries. Proceeds from this deal will also be used to accelerate business development and continue innovation of future battery technologies.

Company Information

Company Status
Out of Business
Industry
Energy & Battery
Mailing Address
11149 Bradford Road
Littleton, CO 80127
USA
Email Address
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
Infinite Power Solutions LinkedIn Company Profile
Social Media
Infinite Power Solutions Company Twitter Account
Company News
Infinite Power Solutions News
Facebook
Infinite Power Solutions on Facebook
YouTube
Infinite Power Solutions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James Norrod
  James Norrod LinkedIn Profile  James Norrod Twitter Account  James Norrod News  James Norrod on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/6/2006: Trovix venture capital transaction
Next: 9/7/2006: RenaMed Biologics venture capital transaction

 

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