Cottonwood Technology Fund Backs Infinitum Electric In $1.8M Funding
Santa Fe, New Mexico-based Cottonwood Technology Fund, a venture capital investor that says it invests in. founding stage technology-related startups in the telecom, chemistry/material sciences, photonics, biosciences, robotics and new energy markets, is the lead investment in motor developer Infinitum Electric. Infinitum Electric said late last week that it has raised $1.8M in a Series A funding round. The funding was led by Cottonwood Technology Fund. According to Infinitum, the new funding will go towards launching a new, fully-integrated motor used for heating, ventilation, and air conditioning (HVAC). The company says it has now raised $2.7M in total. Infinitum Electric says its technology is based on printed circuit board (PCB) stator technology and integrated control systems.
posted on Monday, January 14, 2019
Related companies:
Cottonwood Communities, Inc.
Related stories:
> Incitor Gets $1.5M For Renewable Chemistry Technology
> BayoTech Finds $12.5M
> Skorpios Technologies Lands $19M
> Exagen Raises $5.3M For Diagnostic Tests
> Infield Capital Backs Electric Motorcycle Developer
Techrockies.com Home