Vinson & Elkins advised Riverstone Holdings LLC on the deal while Wilson Sonsini represented Infinitum Electric.
Riverstone Holdings LLC acted as lead investor in Infinitum Electric’s $80 million Series D funding. Infinitum Electric, creator of the sustainable, breakthrough air-core motor, will use the investment to vertically integrate and automate production of its motors for the commercial and industrial market segments, and complete development and commercialization of a traction motor for the rapidly growing electric vehicle market, where its exceptional breakthrough power density can significantly extend the range of electric vehicles.
The V&E team was led by Dan Komarek (Picture), Abby Branigan, Ted Belden and Elisie Lee. Other key team members included Devika Kornbacher and Alexa Chally.
The Wilson Sonsini team included Brian Dillavou, Kimball Smith, Tim Conroy, and Elizabeth Bordenave.
Involved fees earner: Theodore Belden – Vinson & Elkins LLP; Abby Branigan – Vinson & Elkins LLP; Alexa Chally – Vinson & Elkins LLP; Dan Komarek – Vinson & Elkins LLP; Devika Kornbacher – Vinson & Elkins LLP; Elisie Lee – Vinson & Elkins LLP; Tim Conroy – Wilson Sonsini Goodrich & Rosati; Brian Dillavou – Wilson Sonsini Goodrich & Rosati; Kimball Smith – Wilson Sonsini Goodrich & Rosati;