Funding round
Infinium Series A
Infinium, which works in synthetic efuels manufacturing in Sacramento, raised $69M in a Series A round announced on 1 Jan 2021. 1 firm took part. It is Infinium's first venture round on record.
$69M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Infinium did not disclose a valuation in this round. It is Infinium's first venture round on record, 1 year after it was founded in 2020. It is 5.9% of the $1.17B Infinium has raised in the venture rounds on record. Infinium raised again 44 months later: a Series C round of $1.10B in Sep 2024.
Infinium's funding rounds
Infinium has 2 venture rounds on record. This one is highlighted.
- Series A this round 1 Jan 2021 $69M
- Series C 10 Sep 2024, led by Brookfield $1.10B
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- AP Ventures
Comparable rounds
How it compares
36 Series A rounds in Chemicals within a year either side disclosed an amount; the median was $12M, and this round was 5.8 times the median. The closest in time, other companies' Series A rounds in Chemicals:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Chemicals | 1 Jan 2021 | $18M | not disclosed | Astanor |
| Chemicals | 17 Dec 2020 | $11M | not disclosed | Consortium of private investors |
| Chemicals | 9 Dec 2020 | $7.0M | not disclosed | Scout Ventures and Keiretsu Forum |
| Chemicals | 30 Apr 2021 | $1.8M | not disclosed | O Financial Club and Women Angels for Steam |
| Chemicals | 28 Oct 2020 | $1.4M | not disclosed | not named |
| EnergyX Chemicals | 3 May 2021 | $20M | not disclosed | not named |
| Chemicals | 1 May 2021 | $11M | not disclosed | Ibex Investors |
| Chemicals | 25 Sep 2020 | $5.0M | not disclosed | Quona Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Infinium raise in its Series A round?
Infinium raised $69M in its Series A round, announced in Jan 2021.
Which investors took part in Infinium's Series A round?
AP Ventures.
What was Infinium's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Chemicals?
36 Series A rounds in Chemicals within a year either side disclosed an amount; the median was $12M, and this round was 5.8 times the median.
Did Infinium raise again after this round?
Yes: a Series C round in Sep 2024 of $1.10B.