Boston-Power logo — company profile

Boston-Power

Founded 2005 United States Westborough, United States 82 employees Debt Financing Total: $370.60M Manufacturing, Mobile +1

General Information

Company Name Boston-Power
Founded Year 2005
Location United States Westborough, United States
Founders / Decision Makers
Team member
Employees 82
Industries Manufacturing, Mobile, Energy Storage
Funding Stage Debt Financing
Social

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About Boston-Power

Boston-Power, a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules, and systems, was founded in 2005. The company's flagship offerings, Swing® and Sonata®, represent a new era of longer-lasting, faster-charging, safer, and environmentally sustainable batteries. The Swing product caters to Battery Electric and Plug-In Hybrid Electric Vehicles (BEV/PHEV) and utility energy storage applications, while Sonata delivers industry-leading performance to a wide range of portable power and industrial applications. Boston-Power is a global company with R&D centers in Westborough, Massachusetts, USA, and Beijing, China, and mass manufacturing operations based in Asia. The company received a $20.00M Debt Financing investment on 02 February 2015 from GSR Ventures, Foundation Asset Management, and Oak Investment Partners. As a player in the Manufacturing industry, Boston-Power continues to impact the development of sustainable energy solutions with its cutting-edge lithium-ion battery technologies.

Taxonomy: Lithium-ion batteries, Battery technology, Electric vehicles, Energy storage, Global manufacturing, R&D centers, Venture capital funding

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $20.00M 1
GSR Ventures
02 Feb 2015
Private Equity Round $30.00M 3
GSR Ventures, Oak Investment Partners +1
22 Dec 2011
Private Equity Round $125.00M 3
GSR Ventures, Oak Investment Partners +1
20 Sep 2011
Series E $60.00M 3
Oak Investment Partners, Foundation Asset Management (FAM) +1
25 Jun 2010
Venture Round $12.00M 1
Swedish Energy Agency
15 Dec 2009
Series D $55.00M 5
Venrock, Gabriel Venture Partners +3
01 Jan 2009
Series C $45.00M 4
Venrock, Gabriel Venture Partners +2
01 Jan 2008
Series B $15.60M 3
Venrock, Gabriel Venture Partners +1
17 Jan 2007
Series A $8.00M 2
Venrock, Gabriel Venture Partners
06 Nov 2006

Boston-Power Alternatives & Competitors

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Boston-Power vs
VARTA AG
VARTA AG Germany

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Boston-Power vs
Microvast
Microvast United States

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Boston-Power vs

Leading Manufacturer of High Performing Lithium-ion Batteries for BESS & E-Mobility with smart BMS.

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FAQ About Boston-Power

Boston-Power is a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules and systems. Designed to fuel a wide range of applications, its flagship offerings, Swing® and Sonata®, serve as the foundation for a new era of longer lasting, faster charging, safer a...
Boston-Power was founded in 2005.
Boston-Power is headquartered in Westborough, United States.
Boston-Power operates in Manufacturing, Mobile and Energy Storage. Its work centres on Lithium-ion batteries, Battery technology, Electric vehicles and Energy storage.
Boston-Power has approximately 82 employees.
Boston-Power has completed 9 funding rounds, raising a total of $370.60M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Boston-Power include VARTA AG, Microvast, Sanvaru Technology Ltd. Power Forever, Greenlight Innovation Corp., GDI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Boston-Power and VARTA AG are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Boston-Power, https://bouncewatch.com/company/boston-power, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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