Founded

Address

A123 Systems Inc
200 West Street
Waltham, MA 02451
United States

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A123 Systems Inc
200 West Street
Waltham, MA 02451
United States

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A123 Systems Inc
Arsenal On The Charles
321 Arsenal Street
Watertown, MA 02472
United States

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Recent investment activity

KANDO id: 103990

Corporate information

Official name
A123 Systems Incorporated
Registration country

Official identities

US CIK 0001167178

Company type

Developer of Lithium-ion batteries and energy storage systems.

Funding rounds

Acquisition USD 256,600,000


USD 256,600,000 ( ) at USD 256,600,000 pre-money valuation

Profile Country
China Wanxiang Holdings Co Ltd (万向集团), (Wanxiang Group) Chinese multinational automotive components manufacturing company.

Venture USD 50,000,000


USD 50,000,000 ( )


Grant


( )


Grant


( )


Series E


( )


Series D


( )

Profile Country Notes
General Electric Co Initial investment.
Massachusetts Institute of Technology (MIT) Initial investment.
Motorola Solutions Inc Initial investment.
North Bridge Venture Partners Early stage venture capital firm. Initial investment.
Sequoia Capital Operations LLC (Sequoia) Venture capital firm. Follow-on investment.

Series C


( )


Series B USD 30,000,000


USD 30,000,000 ( )


Series A USD 32,000,000


USD 32,000,000 ( )


Seed


( )

Profile Country Notes
Sequoia Capital Operations LLC (Sequoia) Venture capital firm. Initial investment.

Profile Country
Arsenal Venture Partners (AVP)
Braemar Energy Ventures LLC Energy venture capital firm.
FA Technology Ventures
GE Energy Financial Services Division of GE Capital which provides financial and technological investment in energy infrastructure projects around the world.
Madison Parker Capital
Motorola Mobility Ventures
Motorola Solutions Venture Capital The strategic equity investment arm of Motorola Solutions
Qualcomm Ventures (QCV) The corporate venturing arm of Qualcomm.
United States Department of Energy (US Department of Energy) Department of the United States government concerned with the United States' policies regarding energy and safety in handling nuclear material
YankeeTek Ventures

Actual initial investment stage

Investment activity status
Active investor

Selected investments

Displaying 1 - 1 of 1
Profile Date Funding
Hymotion Acquisition Initial investment led the round

Team

Employee Position
David Vieau
Director
Responsibilities: Executive Officer

Past employees

Selected Products / Customers

Financials