Boston-Power, Inc. Obtains $55,000,000 Series D Funding

  • Feed Type
  • Date
    1/14/2009
  • 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.
  • Website
    http://www.boston-power.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $55,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries.
  • M&A Terms
  • Venture Investor
    Oak Investment Partners
  • Venture Investor
    Venrock
  • Venture Investor
    GGV Capital
  • Venture Investor
    Gabriel Venture Partners
  • Venture Investor
    Undisclosed

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