Boston-Power, Inc. Lands $45,000,000 Series C Round
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=280c6206-cc90-4a60-aded-6434c81d8a36&Preview=1
Date 1/3/2008
Company Name Boston-Power, Inc.
Mailing Address 2200 West Park Drive Westborough, MA 01581
Company Description Boston-Power, Inc. ™ is an emerging portable power company answering the call for safer, longer lasting Lithium-ion batteries – today.
Proceeds Purposes Boston-Power will use the new capital to scale business development, marketing, research and development, and manufacturing operations to meet strong global demand for Sonata – the company’s next-generation Lithium-ion battery technology. Sonata initially targets notebook computers. Eventually, the company’s products could be used to power an extensive range of end-applications – from consumer electronics devices to hybrid electric vehicles.
