First published in Cleantech magazine Issue 6 2011, Copyright Cleantech Investor Ltd. 2011
Target Company: Infinia
Deal Value: US$6m
Washington-based company Infinia, which has developed a free-piston sterling engine for a dish-based solar thermal system, confirmed in a regulatory filing in August 2011 that it had raised US$6 million from undisclosed investors. Infinia, which is understood to have raised a total of over US$90 million from investors including Foxconn Technology, GLG Partners, Khosla Ventures, Vulcan Capital and Power Play Energy, claims its technology can achieve a conversion efficiency of 24%.
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