A Texas startup firm that landed $185 million in venture capital last month says its newfangled electric motor could help warehouses cut their electric bills and carbon footprints by running their conveyors far more efficiently.
Efficiency
Front Line: Electrification of Industrial Processes
As the need to reduce the use of fossil fuels to lessen climate-warming carbon emissions grows in urgency, electric vehicles have gotten most of the media and public attention.
Central Texas electric motor company looks to grow in Austin, Mexico after $185M funding
A Central Texas-based motor company is looking to expand its workforce and footprint in Austin and Mexico on the back of raising $185 million in funding.
Efficient motor maker Infinitum raises $185 mln in round led by climate-focused fund
Climate technology firm Infinitum, which develops high efficiency industrial motors, said on Wednesday it had raised $185 million in a funding round led by venture capital investor Just Climate.
Infinitum Named as a Finalist in the Prestigious 2023 Edison Awards
Infinitum has been named a finalist in the 2023 Edison Awards in the Sustainability category for its Aircore EC motor designed for commercial and industrial applications.
