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Raises $10M in Series D Financing
May 3, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Infinite Power Solutions, Inc. (IPS) announced that it has successfully completed a $10M Series D financing. The funds will be used to expand IPS’ manufacturing capacity in response to growing customer demand, to complete the build out of its global sales channels and to further support advanced research and development of its eco-friendly THINERGY solid-state rechargeable Micro-Energy Cell (MEC) products. Existing financial investors Generation Investment Management, D. E. Shaw Ventures, Pol...
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