Infinite Power Solutions Gets $10M More
Littleton, Colorado-based Infinite Power Solutions, the developer of solid-state, thin-film energy storage devices headed by Jim Norrod, said Wednesday that it has raised $10M in a Series D funding round. The round came from Generation Investment Management, D. E. Shaw Ventures, Polaris Venture Partners and Core Capital Partners, along with Applied Ventures, In-Q-Tel, and two un-named strategic investors. The company said the funding will be used to the firm's manufacturing capacity, to build out its sales channels, and for research and development.
posted on Thursday, May 3, 2012 (Link to more information)
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