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Infinium raised a Series C investment led by Brookfield Asset Management to expand its portfolio of gas conversion technologies and completed the acquisition of Greyrock Technology.

Jan 16, 202510 months ago
SacramentoRenewable EnergyEnergy

Investors

Next Era Energy ResourcesSkNeuman & EsserMitsubishi Heavy IndustriesAp VenturesAmazonRock CreekUniversity Of MichiganMitsubishi CorporationJapan Organization For Metals & Energy Security (Jogmec)Development Bank Of JapanJapan Hydrogen FundBrookfield Asset Management

Description

Infinium has completed the purchase of Greyrock Technology alongside a Series C Preferred Stock fundraise led by Brookfield Asset Management. This new funding will support the growth of Infinium's project pipeline and expand its offerings in advanced energy solutions.

Company Information

Company

Infinium

Location

Sacramento, California, United States

About

Infinium is an electrofuels provider on a mission to decarbonize the world. eFuels are a new class of synthetic fuels made using renewable power and waste carbon dioxide, not petroleum or resources needed to produce food. Infinium electrofuels can be dropped into existing trucks, planes and ships, significantly reducing harmful carbon dioxide emissions compared to fossil-based fuels. In addition to helping the transport industry meet carbon reduction goals, Infinium electrofuels are a lower carbon alternative for chemical processing, including plastics production.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers