# Infinite Power Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/infinite-power-solutions

- Industry: Energy Storage & Batteries
- Headquarters: Littleton, US
- Website: www.infinitepowersolutions.com
- Total disclosed funding: $93M
- Latest round: Series F (Mar 19, 2013)
- Investors on record: 9

## About

Infinite Power Solutions, Inc. specializes in renewable energy and advanced technology solutions, providing innovative solar systems and smart devices to enhance energy efficiency for residential and commercial applications.Founded in 2001, Infinite Power Solutions, Inc. is based in Littleton, US. The company focuses on renewable energy solutions and has undergone growth and development since its inception. In 2013, the company was acquired by Apple Inc., though financial terms were not disclosed. The founder's background is not provided, and there are no mentions of any subsidiaries or significant pivots in business strategy. The firm has completed a total of 12 deals with its latest funding round being Series F, raising USD 1.00 mn, primarily from Polaris Partners, which constitutes the total amount raised by the company.Infinite Power Solutions (IPS) offers a diverse array of innovative products centered around renewable energy and advanced technology solutions. Their core offerings include solar energy systems, energy storage solutions, smart devices, and computing technologies such as artificial intelligence and quantum computing. IPS addresses the demand for sustainable energy production and efficient management in various applications, particularly among residential homeowners and businesses. Their solar energy solutions encompass photovoltaic systems ranging from PV-Direct to off-grid systems, and they provide smart devices that enhance home automation and connectivity. The company primarily targets markets in North America, especially in solar-friendly regions like the Sun Belt, as well as other global markets with increasing renewable energy adoption.The revenue model of Infinite Power Solutions is based on the direct sale of solar energy systems and smart devices, supplemented by partnerships that offer energy solutions to consumers and businesses. Transactions typically involve a mix of outright purchases and long-term leasing agreements, enabling customers to gradually acquire solar technology while benefiting from immediate energy savings. Their flagship products include various solar panel systems and smart home devices designed for improved energy efficiency. Clients may enter subscription agreements for software and monitoring services related to energy usage and management, enhancing their overall experience and product effectiveness. IPS's pricing structure aims at making renewable energy accessible to a wide clientele, with adaptable transaction models for both B2B and direct-to-consumer markets across North America and select international regions.Infinite Power Solutions is focused on expanding its product line to include new renewable energy technologies and smart devices aimed at improving energy management. They are exploring opportunities to enter new geographic markets, specifically targeting regions with a high demand for renewable energy solutions by 2025. The recent funding round from Polaris Partners will be utilized to support these initiatives, allowing the company to innovate and enhance its offerings further.

## Funding rounds

- Series F, Mar 19, 2013, $1M — Polaris Partners
- Series E, Dec 14, 2012, $0.4M — Polaris Partners
- Series D, May 2, 2012, $10M — Polaris Partners, Core Capital Partners, Applied Ventures, D. E. Shaw & Co, Generation Investment Management, In-Q-Tel
- Series D, Nov 18, 2011, $1M — Polaris Partners
- Series C, Aug 17, 2010, $20M — Polaris Partners, Core Capital Partners, Applied Ventures, D. E. Shaw & Co, Generation Investment Management
- Series B, Dec 3, 2008, $13M — Polaris Partners, Core Capital Partners, Applied Ventures, D. E. Shaw & Co, In-Q-Tel
- Series B, Oct 23, 2008, $5.8M — Polaris Partners, Dow Corning Corporation, Core Capital Partners, Applied Ventures, D. E. Shaw & Co, In-Q-Tel, SpringWorks LLC
- Series B, Jun 11, 2008, $7.1M — Polaris Partners, D. E. Shaw & Co, Core Capital Partners, SpringWorks LLC
- Series A, Aug 10, 2006, $35M — Polaris Partners, Core Capital Partners, Applied Ventures, D. E. Shaw & Co, Advanced Energy Industries, SpringWorks LLC

## Investors

- Polaris Partners (https://capitalatlas.ai/funds/polaris-partners) — Series A, Series B, Series C, Series D, Series E, Series F
- Core Capital Partners — Series A, Series B, Series C, Series D
- Applied Ventures (https://capitalatlas.ai/funds/applied-ventures) — Series A, Series B, Series C, Series D
- D. E. Shaw & Co (https://capitalatlas.ai/funds/d-e-shaw-co) — Series A, Series B, Series C, Series D
- Advanced Energy Industries — Series A
- SpringWorks LLC — Series A, Series B
- Dow Corning Corporation — Series B
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series B, Series D
- Generation Investment Management (https://capitalatlas.ai/funds/generation-investment-management) — Series C, Series D