Battery Company Boston-Power Receives $60 Million in Series E Funding

Boston-Power, a Westborough, Massachusetts-based provider of lithium-ion batteries, announced in late June that it received $60 million in Series E funding.  This round was co-led by existing investors Foundation Asset Management (FAM) and Oak Investment Partners, with participating from current investors Venrock and Gabriel Venture Partners. With this funding, Boston-Power has raised a total of $185 million.  The company said … Read more