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Industrial electric motor startup Infinitum raises $30M to expand production in Mexico

With a nearly endless market of industrial applications, such as HVAC systems, investors have been pumping millions of dollars into the company as it revs up production. On Nov. 8, a little less than six months after raising an $80 million series D round, Infinitum announced it has secured another $30 million in new investment as it looks to build more products faster.
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