C-Motive Technologies Inc. disclosed that Milwaukee’s Rockwell Automation participated in the Middleton electrostatic motor company’s latest capital raise, which totaled about $5.5 million.
C-Motive announced the Rockwell Automation (NYSE: ROK) equity investment when C-Motive debuted its new motor technology platform at Rockwell’s recent automation fair in Boston.
The exact amount of Rockwell’s investment wasn’t disclosed. A Rockwell executive described the company’s involvement as a non-controlling interest investment.
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