Round Rock Texas based Infinitum Electric is raising $40,000,000.00 in New Equity Investment.
Round Rock, TX – According to filings with the U.S. Securities and Exchange Commission, Infinitum Electric is raising $40,000,000.00 in new funding. Sources indicate as part of senior management President, Bernhard Schuler played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Infinitum Electric
Infinitum Electric helps customers step into an era of sustainability by transforming traditional technology with modern engineering. Our solutions bring a competitive advantage to products, decreasing carbon footprint without sacrificing cost, reliability, or performance. By focusing on motors, Infinitum Electric impacts the core of final products. Our customers make their HVAC, industrial, mobility, and consumer goods products and we make them smaller, lighter, quieter, more efficient, and connected. The reimagined Infinitum Electric motor uses a printed circuit board stator, subverting the cumbersome copper and iron of a traditional motor, and advancements in power electronics to optimize the consumption of electricity. Our products use a simplified design process, common components, and don’t need specialized equipment so they can be made almost anywhere in the world, by anyone. Intelligence is key to future success for forward-thinking companies, and embedded sensors inside our motors make it possible to manage performance or predict maintenance with edge computing.
To learn more about Infinitum Electric, visit http://www.infinitumelectric.com/
Contact:
Bernhard Schuler, President
925-963-3127
bernhard@infinitumelectric.com
https://www.linkedin.com/in/ben-schuler-21567a32/
SOURCE: http://www.intelligence360.io
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