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A123 Systems

A123 Systems

A123 Systems is a Livonia, Michigan-based company founded in 2001 by Yet-Ming Chiang.

A123 Systems, LLC develops and manufactures advanced Nanophosphate® lithium iron phosphate batteries and energy storage systems. Founded in 2001, A123's proprietary Nanophosphate technology is built on novel nanoscale materials initially developed at the Massachusetts Institute of Technology.

Timeline

2013
A123 Systems was founded by Ric Fulop and Yet-Ming Chiang.
December 2009
A123 Systems raises a $2,900,000 grant.
August 2009
A123 Systems raises a $249,000,000 grant from U.S. Department of Energy.
April 13, 2009
A123 Systems raises a $69,000,000 series E round from General Electric.
October 1, 2007
A123 Systems raises a $30,000,000 series D round from General Electric, Motorola Solutions, Procter & Gamble, Qualcomm and Sequoia Capital.
January 1, 2007
A123 Systems raises a $40,000,000 series C round.
February 1, 2006
A123 Systems raises a $30,000,000 series B round.
November 1, 2005
A123 Systems raises a $32,000,000 series A round.
November 2002
A123 Systems raises a $5,000,000 series A round from Qualcomm Ventures.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
A123 Systems Series D round
30,000,000
October 1, 2007
9 Results
Results per page:
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SBA Awards

2 Results
Results per page:
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People

Name
Role
LinkedIn

Aaron Molitor

Employee

Abate De Mey

Employee

Andre DSouza

Employee

Andrew Cook

Employee

Anirudh Bhokarikar

Employee

Betty Chan-Massey

Employee

Brent Brown

Investor

Brian Doughty

Employee

Chad Allison

Employee

Chris Tecca

Employee

Christian Garcia

Investor

Desh Deshpande

Board member

elizabeth murphy

Employee

Elizabeth Pond

Employee

Evan Sanders

Employee

Gary Clark

Employee

Hemanth Amara

Employee

Jeff Baer

Employee

Jeff Crusey

Investor

Jeremy Brockman

Employee

Jeremy Burnison

Employee

John Colwell

Employee

John Dubeck

Investor

John Sapp

Employee

Johnny Wyatt

Employee

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Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Andrew Tarantola
November 21, 2020
Engadget
The Fisker failure is a perfect example of how government-funded innovation can go terribly wrong. The suit was settled in Fisker's favor. Company CEO Henrik Fisker's explanation? In March 2012, Consumer Reports published a scathing review of the Fisker Karma.

References

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