| Public | NASDAQ:AONE |
| Date | 9/09 |
| Raised | |
| Post IPO Valuation | $380M |
| Website | a123systems.com |
| Blog | a123systems.ru |
| @A123Systems | |
| Category | CleanTech |
| Employees | |
| Founded | 2001 |
| Description | Battery Maker |
| Hymotion, 5/08 |
| Fisker Automotive | 2/11 |
| Fisker Automotive | 5/10 |
| TOTAL | $503M |
| FUNDING TOTAL | $503M |
| Series A, 11/05 | $32M |
| Series B, 2/06 | $30M |
| Series C, 1/07 | $40M |
| Series D, 10/07 Alliance Capital Ventures Massachusetts Institute of Technology North Bridge Venture Partners Qualcomm Sequoia Capital Motorola Solutions General Electric Procter and Gamble | $30M |
| Series E, 4/09 General Electric | $69M |
| Grant, 8/09 U.S. Department of Energy | $249M |
| Grant, 12/09 | $2.86M |
| Venture Round, 6/12 | $50M |
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 | a123systems.com/#/products/p1 |
| Tags | cleantech |