# Infinitum secures $30M to expand and automate Mexico facility

Infinitum secured $30 million in growth capital to expand and fully automate assembly at its 65,000 square foot facility in Mexico, increasing production of high-efficiency air core motors. The company also rebranded from Infinitum Electric.

- Type: Expansion
- Announced: 2022-11-08
- Where: Mexico, Mexico
- Value: $30.0M
- Status: announced
- Capacity: 65,000 square foot facility
- Products: air core motors, high-efficiency electric motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Infinitum](https://endata.com/companies/66511.md)
- [Riverstone Holdings Latin America](https://endata.com/companies/66512.md) (investor)
- [Alliance Resource Partners](https://endata.com/companies/66513.md) (investor)
- [Caterpillar Venture Capital](https://endata.com/companies/66514.md) (investor)
- [Cottonwood Technology Fund](https://endata.com/companies/66515.md) (investor)

## Sources

- [goinfinitum.com](https://goinfinitum.com/infinitum-electric-secures-30m-in-additional-growth-capital-to-expand-and-fully-automate-production-facility-in-mexico-and-rebrands-as-infinitum/), 2022-11-08: "The funds will be used to expedite commercial and industrial motor production by expanding and fully automating assembly at the company’s 65,000 square foot facility in Mexico to meet a significant increase in demand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.