We’re thrilled to share that our portfolio company Infinitum has extended its Series E with $35 Million in funding from @Marunouchi Innovation Partners and Rice Investment Group.
This brings the Series E grand total to $ 220 Million! The additional funds will be used to scale the company to meet customer demand and drive decarbonization.
Their motor systems can sustainably power energy-intensive applications used in data centers, hospitals and buildings, as well as logistics, manufacturing and industrial facilities with less electricity, carbon emissions and waste.
Read the press release here: https://lnkd.in/gXN4FwsF