Tech Company Financing Transactions
Boston-Power Funding Round
Boston-Power, operating out of Westborough, secured $55 million in funding from Gabriel Venture Partners, GGV Capital and Oak Investment Partners.
Transaction Overview
Company Name
Announced On
1/14/2009
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series D
Investors
Proceeds Purpose
Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2200 West Park Dr. 320
Westborough, MA 01581
USA
Westborough, MA 01581
USA
Phone
Website
Email Address
Overview
Boston Power manufactures portable power products such as application-specific rechargeable lithium-ion batteries.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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