Thursday, June 14, 2007

Infinia Raises $9.5M, Acquires Stirling Cycles

Kennewick, Washington-based Infinia, a developer of Stirling engine products and technologies for the energy market, announced today that it has received $9.5M in venture funding. The funding included Kholsa Ventures, Vulcan Capital, EQUUS Total Return, and Idealab, along with existing investor Power Play Energy LLC. The firm also said that it has acquired Stirling Cycles, a company developing Stirling engine technology, from Idealab, which had incubated the firm. Stirling engine technology uses temperature differential to product electricity, and is an alternative technology to internal combustion. More information »