A123Systems Receives $69,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd04d8b1-210b-4588-a0b2-07456afc2717&Preview=1
Date
4/13/2009
Company Name
A123Systems
Mailing Address
321 Arsenal Street Watertown, MA 02472
Company Description
A123Systems is the developer of a new generation of Lithium-ion batteries that deliver previously unattainable power levels, safety and life to a wide range of applications.
Website
http://www.a123systems.com/
Transaction Type
Venture Equity
Transaction Amount
$69,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
General Electric Co