Industrial electric motor startup Infinitum raises $30M to expand production in Mexico
November 08, 2022 at 16:50 PM EST
With a nearly endless market of industrial applications, such as HVAC systems, investors have been pumping millions of dollars into the company as it revs up production. On Nov. 8, a little less than six months after raising an $80 million series D round, Infinitum announced it has secured another $30 million in new investment as it looks to build more products faster.
