Total Funding
8
3
Total FundingPost-IPO Equity raised
Growth Score
-10 pts
Heat Score
-8 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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420069
A123 Systems is a manufacturer of lithium-ion batteries and battery systems for the transportation, electric grid, and commercial markets.
Acquired by 
Wanxiang Group
- Jim Paye: Executive General Manager
Grace Chang: VP of Manufacturing
About the Company
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.
