Infinitum secures $30M; air-core motor
Infinitum, creator of the air-core motor (earlier post), secured $30 million in additional growth capital from Riverstone Holdings Latin America, Alliance Resource Partners, Caterpillar Venture Capital and Cottonwood Technology Fund. The funds will be used to expedite commercial and industrial motor production by expanding and fully automating assembly at the...
Source: greencarcongress.com