| Status | Privately Held |
| Website | a123systems.com |
| Category | Web |
| Address |
321 Arsenal Street Watertown, MA, 02472 USA |
| Total | $132M |
| Series A 1 | $32M |
| Series B, 2/06 2 | $30M |
| Series C, 1/07 3 | $40M |
| Series D, 10/07 4 Alliance Capital MIT North Bridge Venture Partners Qualcomm Sequoia Capital Motorola General Electric Procter and Gamble | $30M |
Based on new, highly active nanoscale material initially developed at MIT, A123Systems’ low impedance Nanophosphate electrode technology provides a competitive advantage over alternative high power technologies.
A123’s cell and electrode designs lower cost/watt and cost/watt-hour. They have higher voltage than other long-life systems, enabling lower pack cost. Their long life leads to reduced lifecycle and system costs resulting in greater overall price-performance.
Competitors include Valence, Saft and Lion Cells.
| Website | www.a123systems.com/#/products/p1 |
| Tags | cleantech |
