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.
electric motors
$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.
