Glo AB completes $30 mln Series D

Glo has completed a $30 million Series D financing. Glo provides high-quality light source solutions for displays, illumination, and automotive sectors. A new investor led the round, with participation from existing shareholders including Wellington Partners, Teknoinvest, Nano Future Invest, Energy Future Invest, Foundation Asset Management and others.

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

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 […]


Boston-Power Raises $55 Million

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.

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