InfiMotion Technology Secures $25M for Electric Mobility Growth

InfiMotion Technology has raised $25,000,000 in a new funding round. The company is a global leader specializing in electric drive unit (EDU) solutions for electric and hybrid vehicles, leveraging nearly two decades of experience to offer a comprehensive range of products from EDU components to advanced software. Headquartered in Wuxi, China, InfiMotion Technology has a proven track record of innovation and quality. Its dedication to performance has resulted in millions of EDUs sold worldwide, including over 100,000 in Western Europe. A notable achievement in 2023 was the launch of the industry's first high-performance 800V EDU, marking a significant breakthrough in electric mobility technology. This capital infusion is critical for InfiMotion Technology as it continues to execute its global growth strategy. The funds will be allocated towards expanding its research and development capabilities, enhancing manufacturing operations, and further extending its market presence across various regions. The company maintains R&D centers in Gothenburg, Sweden, and multiple locations in China, alongside manufacturing facilities like its green plant in Wuxi. With a talented team of over 1,700 employees, InfiMotion Technology is committed to advancing the future of electric mobility. This investment underscores confidence in the company's pioneering role and its ability to meet the demands of a rapidly evolving automotive industry. Looking ahead, InfiMotion Technology aims to build upon its established leadership by driving further innovation in electric propulsion systems. The company anticipates using this strategic investment to accelerate its product roadmap and reinforce its position as a key enabler of sustainable transportation worldwide.