A123 Systems
AcquiredAdvanced lithium-ion batteries for the global vehicle market
Waltham, United States · Founded 2001 · $388.0M raised
- Headquarters
- Waltham, Massachusetts
- Employees
- 1001–5000
- Founded
- 2001
- Business Model
- B2B
- Website
- a123systems.com
- Total Funding
- $388.0M
- Last Round
- $249.0M GrantAug 2009
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
A123 Systems develops advanced lithium-ion battery technology and energy storage solutions for automotive and energy customers across North America and Europe. Its work spans materials science, manufacturing, intelligent control systems, lithium iron phosphate, NMC ternary, and solid-state chemistries. Its products support low-voltage and high-voltage vehicle batteries, Formula 1 racing applications, and large-scale energy storage systems.
Summary
A123 Systems is a Climate Tech company based in Waltham, United States, founded in 2001. It has raised $388.0M in total across 4 rounds, most recently a $249.0M Grant round in Aug 2009. Investors include U.S. Department of Energy Loan Programs Office and General Electric.
Tech & App Stack
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Funding History
Aug 2009
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Funding: Series D through Grant. Amounts, valuations, and investors where available.
Investors
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