For Infinitum Electric, the ambitious mission is simple to state, but challenging to achieve: “Power more with less.”
Efficiency
Chevron Invests in Electric Motor Maker
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.
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.