Infinia Grabs $2.6M

Infinia, the Kennewick, WA-based company developing new solar power generation technology, has raised $2.6 million in new financing from equity and options, according to a regulatory filing. That comes a month after the company pulled in $3.25 in debt and options, according to a previous filing. Infinia, as I described in a profile back in August, is generating solar power by using satellite dishes that capture rays of sunlight and channel them to a focal point that contains a Stirling engine. Microsoft co-founder Paul Allen and noted venture capitalist Vinod Khosla are among the company’s investors.

Author: Luke Timmerman

Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.