Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China
Green Car Congress
SEPTEMBER 20, 2011
Boston-Power, Inc., a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. Existing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated in the round.
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