Infinia Corp., a producer of systems that convert concentrated solar power into electricity, has raised about $8.3 million since January as part of a private financing round, according to regulatory filings.
The company received $1.5 million as part of a convertible note financing with two existing shareholders, Infinia Chief Financial Officer Jeffrey Williams said today by telephone and declined to name the investors. The amount adds to $3.8 million received in April and $3 million in January as part of the same funding round, and Infinia will seek an additional $30 million within nine months, he said.
Closely held Infinia, based in Ogden, Utah, makes mirrored dishes that focus sunlight on Stirling engines to produce electricity. Its investors have included Paul Allen