Infinitum Electric Raises $80M in Series D Funding Led by Riverstone Holdings to Scale Production of Sustainable Motors
Vinson & Elkins advised an affiliate of Riverstone Holdings LLC as lead investor in Infinitum Electric’s $80 million Series D funding. Infinitum Electric, creator of the sustainable, breakthrough air-core motor, will use the investment to vertically integrate and automate production of its motors for the commercial and industrial market segments, and complete development and commercialization of a traction motor for the rapidly growing electric vehicle market, where its exceptional breakthrough power density can significantly extend the range of electric vehicles.
The V&E team was led by Dan Komarek, Abby Branigan, Ted Belden and Elisie Lee. Other key team members included Devika Kornbacher and Alexa Chally.
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