North America
For 2 Mass. firms, opportunity in China
Cars, trucks, buses, and scooters clog the streets here in never-ending traffic jams, plowing through red lights, pulling onto sidewalks, and belching exhaust into the gray-brown haze that hangs constantly over China’s capital.
Some just see it as a smoggy free-for-all. Two Massachusetts firms see opportunity.
Is Massachusetts losing its edge?
Enabling the Cleantech Revolution
[Editor's note: We asked a group of Xconomists to answer the following question: "If you could patent one thing, what would it be?"]
Lithium-Ion Battery Manufacturer Nets Private Equity
Boston-Power raised funding on battery development
Boston-Power Inc., a Massachusetts startup that is developing longer lasting, faster charging lithium-ion batteries aimed mainly at automotive applications, has announced it has raised an additional $30 million in private equity.
Boston-Power gets $30M from China
The Ticker
B of A reaches $335M settlement
Bank of America Corp. will pay a record $335 million to compensate Countrywide Financial Corp. borrowers who were charged more for home loans based on race.
Boston-Power gets $30M from China
China’s GSR Ventures is investing another $30 million in Westboro battery maker Boston-Power — adding to a $125 million capital infusion GSR and the Chinese government made this fall in the firm, which is moving its headquarters to Beijing.
Mass. home sales up
Boston-Power Adds $30M to Bring Venture Funding Pot to $346M
Westboro-China deal draws $30M
WESTBORO — Advanced battery maker Boston-Power Inc. has raised $30 million in new funding from U.S., European and Chinese investors as it begins construction of a manufacturing center in China.
Boston-Power adds $30M funding to build China plant
Boston-Power Inc., a Westborough maker of next-generation lithium-ion batteries and systems, has landed an additional $30 million in new funding to add to the $125 million investment the company took in September.
