Ric Fulop joined North Bridge in 2010 as a General Partner following a fifteen year career as an entrepreneur.
Before becoming a venture capitalist Ric co-founded six technology companies in areas including infrastructure software, digital media, CAD, semiconductors, wireless communications and energy storage.
Most recently, in 2001, he co-founded A123 Systems [NASDAQ:AONE], a North Bridge investment, to commercialize technology developed at the Material Sciences and Engineering Department of MIT. At his departure the company had a market capitalization of $1.5B, 1,800 employees with production facilities around the world and more than $100 million in revenue.
Ric is a former Board Member of the Electric Drive Transportation Association and has been has been a key contributor to the advancement of hybrid and plug-in hybrid electric powertrains, as well as the adoption of digital energy storage systems on the grid.
Over the course of his business career he has raised more than $350 million in venture capital and $600 million in non-dilutive government grants and financing.
Ric is an avid pilot. He has also been involved in the development of several FIA world records, including the fastest electric vehicle (307.7 mph), the fastest quarter mile on an electric motorcycle (0 to 60 mph in less than one second and a quarter mile in 7.8 seconds), and the highest performance Formula 1 KERS system in partnership with McLaren’s F1 team.
Ric lives with his wife and two daughters on a blueberry farm in Lexington, MA.