Riverstone Holdings led a $80m Series D funding round in Infinitum Electric.

Riverstone Holdings, a private markets asset management firm, led a $80m Series D funding round in Infinitum Electric, a motor technology company, with participation from Alliance Resource Partners, Applied Ventures, Cottonwood Technology Fund, Chevron Technology Ventures, Aventurine Partners, Energy Innovation Capital and Ajax Strategies. “Decarbonization across commercial, industrial and consumer markets driven by ESG and the energy transition creates wide scale opportunities for Infinitum Electric’s motors to power a new generation of equipment with greater performance, and at a fraction of the carbon footprint of traditional motors. We’re excited to welcome Infinitum Electric to our portfolio and partner with Ben Schuler and his extraordinary team as they scale production of motors that are better for the planet and people,” John Staudinger, Riverstone Holdings Managing Director.