You are browsing the archive for BostonPower - peHUB.

Cleantech Companies with Most VC Funding Face Difficult Path

Posted on: October 31, 2012 by Joanna GlasnerNo Comments »

We take a look at the clean technology companies that have raised the most venture funding in the last few years. Overall, it is not light and pleasant reading.

Protean Electric Raises $84M As GSR & Oak Continue Cleantech Push In China

Posted on: July 9, 2012 by Mark BosletNo Comments »

With the deal, the Troy, Mich., company becomes the latest GSR-funded electric-vehicle firm to set up manufacturing in China. Last year, battery maker Boston-Power raised more than $125 million to construct a Chinese manufacturing plant for its lithium-ion batteries.

Boston-Power Raises $30M From GSR, Oak, Foundation Asset

Posted on: December 22, 2011 by Mark BosletNo Comments »

Boston-Power Inc. said it raised $30 million in new private equity. Existing investor GSR Ventures led the deal and Oak Investment Partners and Foundation Asset Management participated. The funding is an add-on to the $125 million round of funding the lithium-ion battery company announced in September. The September round included growth capital and Chinese government [...]

As U.S. Lawmakers Bicker Over Solyndra, Boston-Power Raises $125M to Build Plant in China

Posted on: September 20, 2011 by Mark Boslet1 Comment »

Boston-Power Inc. announced today that it has raised $125 million in new venture and Chinese government financing as part of a major corporate shakeup that will lead to the construction of a lithium-ion battery factory in China. The Westborough, Mass.-based company said the new equity round is led by Beijing-based GSR Ventures and joined by [...]

Boston Power Boosts VC Round

Posted on: July 30, 2010 by PEHub Administrator1 Comment »

Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has expanded its Series E round from $60 million to $66.4 million, according to a regulatory filing.  The company previously announced that Foundation Asset Management and Oak Investment Partners co-led the round, and were joined by fellow return backers Venrock and Gabriel Venture Partners. The company has [...]

Boston-Power Raises $60 Million Insider Round

Posted on: June 25, 2010 by PEHub Administrator1 Comment »

Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has raised $60 million in Series E funding. Foundation Asset Management and Oak Investment Partners co-led the round, and were joined by fellow return backers Venrock and Gabriel Venture Partners.

The company has now raised around $185 million in total VC funding since 2005.

Boston-Power Raises $55 Million

Posted on: January 14, 2009 by PEHub Administrator2 Comments »

Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has raised $55 million in fourth-round funding. Foundation Asset Management led the round, and was joined by return backers Oak Investment Partners, Venrock, GGV Capital and Gabriel Venture Partners. The company has now raised around $125 million in total VC funding since 2005.

Boston-Power Raises $45 Million

Posted on: January 3, 2008 by PEHub AdministratorNo Comments »

Boston-Power Inc., a Westborough, Mass.-based provider of portable power solutions, has raised $45 million in Series C funding. Oak Investment Partners led the round, and was joined by return backers Venrock, Granite Global Ventures and Gabriel Venture Partners. The company has now raised more than $68 million in total funding, including a $15.6 million Series [...]