Chevron Technology Ventures (CTV) has invested in an Austin, Texas-based manufacturer of spark-proof electric motors that aims to disrupt the oil and gas and other industries.
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UPDATE: Infinitum Electric Creates Printed-Circuit-Board-Stator Motor
Genius ideas usually are so simple you start to wonder after seeing them: Why did no one think about this before?
Chevron Technology Ventures invests in Infinitum Electric as part of its low-carbon initiative
Infinitum Electric, a leading motor technology company delivering IoT-enabled electric motors, announced today that it has closed a $12.5 million Series B round of financing.
$12.5M raised for a new kind of electric motor
A Round Rock-based technology startup is making some waves as it tries to shake up the somewhat staid field of electric motor production.
IE5 motors with PCB stators slash costs and weights
A US motor developer claims to have designed a “transformational” high-efficiency motor that will cost up to 25% less to produce and will weigh up to 60% less than comparable motors.