Infinitum Secures $35 Million Series E Extension Amid Rapid Growth
Infinitum, creator of the sustainable air-core motor, has secured a $35 million Series E extension from Marunouchi Innovation Partners and Rice Investment Group. This brings the total Series E funding to $220 million, aimed at scaling the company to meet customer demand and drive decarbonization. Infinitum's air-core motor systems offer significant advantages over traditional motors, including:
- 10-65% less energy consumption
- 50% smaller and lighter
- 66% less copper usage
- Integrated variable frequency drive
- Customizable power and torque
- Modular design for easy servicing and recycling
The U.S. Department of Energy estimates that advanced motor technology could save 127 TWh/yr, resulting in $14.7 billion in cost savings and 90.2 MMT of CO2 reductions in the industrial and commercial sectors.
- Secured $35 million in additional Series E funding, bringing total to $220 million
- Air-core motor systems consume 10-65% less energy than traditional motors
- Motors are 50% smaller and lighter, using 66% less copper
- Potential for significant energy savings and CO2 reductions in industrial and commercial sectors
- Growing customer demand for sustainable motor systems
- None.
Insights
Infinitum securing
However, potential investors should also weigh the market penetration and adoption rates of Infinitum's technology. While the company’s sustainable motors present an impressive efficiency improvement, market acceptance will be a important determinant of their financial success.
Infinitum's focus on sustainable, high-efficiency motor systems aligns perfectly with the increasing global emphasis on decarbonization. The technology’s ability to reduce energy consumption by
From an investor’s perspective, Infinitum's modular design, which allows for easy servicing, repair, remanufacturing, or recycling, is particularly noteworthy. This could significantly extend the lifecycle of their products and foster customer loyalty, ensuring steady revenue streams.
Infinitum’s air-core motor system is a notable innovation in the field of electric motors. The motor's integrated variable frequency drive and customization options for specific power and torque requirements are technically advanced features that offer significant operational flexibility and efficiency. The reduction in copper usage by
Technologically, this positions Infinitum favorably against traditional motor systems, potentially making them a preferred choice in various heavy-use applications. The potential to save 127 terawatt-hours per year as cited by the U.S. Department of Energy underscores the transformative impact such technology can have on energy consumption.
For retail investors, the innovative edge and sustainable approach of Infinitum’s technology could be compelling reasons to consider investing, provided the company continues to demonstrate tangible adoption and financial performance.
Funding to accelerate company growth and drive decarbonization with sustainable, high-efficiency motor systems
Infinitum’s air-core 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.
“We believe Infinitum’s sustainable air-core motors are a proven climate tech solution with significant customer traction that can make an immediate impact in reducing electricity consumption across a broad range of applications,” said Ichiro Miyoshi, CEO and Chief Investment Officer, Marunouchi Innovation Partners. “We look forward to bolstering the company’s rapid acceleration and decarbonization efforts to support our goals of achieving a carbon neutral society.”
When compared to traditional motors, the Infinitum motor system consumes 10
The implementation of advanced motor technology in the US industrial and commercial sectors has the potential to save 127 terawatt-hours per year (TWh/yr), translating into cost savings of
“Millions of electric motors are needed each year to power AI, cool our buildings and electrify industrial workloads, and it’s critical for the planet that we choose to implement advanced, high-efficiency motors rather than conventional motors,” said Ben Schuler, founder and CEO, Infinitum. “We look forward to further expanding our company to meet customer demand and accelerate production of our sustainable motor systems.”
About Marunouchi Innovation Partners
Marunouchi Innovation Partners (MIP) is an investment company dedicated to achieving a carbon-neutral society. As a joint venture between Mitsubishi Corporation, MUFG Bank and Pavilion Private Equity, it combines extensive industry experience and investment capabilities, to support the commercialization and scaling of growth stage companies that contribute to decarbonization. MIP manages the Marunouchi Climate Tech Growth Fund L.P, which targets a wide range of climate tech technologies, including next generation energy, renewables, batteries/electrification, carbon reduction and others. Together with our investors and partners, MIP will support companies alongside their journey of global expansion and contribute to the decarbonization of the world from
About Rice Investment Group
Rice Investment Group (Rice, RIG) is a multi-strategy investment fund backed by the Rice family. The Rice family founded Rice Energy, an Appalachian Basin focused natural gas operator that later merged with EQT Corporation to form the largest natural gas producer in
About Infinitum
Infinitum has raised the bar for a new generation of motor that is better for the planet and people. The company’s patented air-core motors offer superior performance in half the weight and size, at a fraction of the carbon footprint of traditional motors, making them pound for pound the most efficient in the world. Infinitum motors open up sustainable design possibilities for the machines we rely on to be smaller, lighter and quieter, improving our quality of life while also saving energy and reducing waste. Based in
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Media Contact
Erin Gilmore
Activate PR on behalf of Infinitum
egilmore@activateprmktg.com
512-466-4559
Source: Infinitum
FAQ
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