💰The Funding Letter #1462: July 17

Infinitum, Huma, CatalYm and more...

July 17, 2024

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Source: @overheard_sales

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Daily Deals 💸

🌎 Americas

Infinitum has developed printed circuit board stator technology and lightweight electric motors and products that replace the iron and copper components historically used in electric motors, enabling users to meet a wide range of application needs at a reasonable cost. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $35M, Series E

Round Investors: Rice Investment Group, Marunouchi Innovation Partners

🚀Growth Focus: Scale it to meet customer demand and drive decarbonization.

HQ: Austin, TX

Industry: Manufacturing

Employee Count: 204 (⚡20% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

LevelTen Energy’s renewable energy transaction platform connects corporate and industrial power buyers to the universe of power purchase agreements from utility-scale wind, solar, and storage projects, allowing users to have the financial security of fixed-price renewables and the economic benefits of at-scale projects. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $65M, Series D

Round Investors: B Capital (lead), Google, Microsoft Climate Fund, NGP Energy Capital Management, Zoma Capital, Prelude Ventures

🚀Growth Focus: Unlock the full potential of a round-the-clock carbon-free energy supply; expand into new geographies; support more types of buyers and sellers; support clean hydrogen.

Press: PRWeb, GeekWire

HQ: Seattle, WA

Industry: Services for Renewable Energy

Employee Count: 157

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