Boston-Power, a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules, and systems, was founded in 2005. The company's flagship offerings, Swing® and Sonata®, represent a new era of longer-lasting, faster-charging, safer, and environmentally sustainable batteries. The Swing product caters to Battery Electric and Plug-In Hybrid Electric Vehicles (BEV/PHEV) and utility energy storage applications, while Sonata delivers industry-leading performance to a wide range of portable power and industrial applications. Boston-Power is a global company with R&D centers in Westborough, Massachusetts, USA, and Beijing, China, and mass manufacturing operations based in Asia. The company received a $20.00M Debt Financing investment on 02 February 2015 from GSR Ventures, Foundation Asset Management, and Oak Investment Partners. As a player in the Manufacturing industry, Boston-Power continues to impact the development of sustainable energy solutions with its cutting-edge lithium-ion battery technologies.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $20.00M | 1 |
|
02 Feb 2015 |
| Private Equity Round | $30.00M | 3 |
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|
22 Dec 2011 |
| Private Equity Round | $125.00M | 3 |
|
20 Sep 2011 |
| Series E | $60.00M | 3 |
|
25 Jun 2010 |
| Venture Round | $12.00M | 1 | Swedish Energy Agency | 15 Dec 2009 |
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