A123 Systems Overview

  • Founded
  • 2001
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 400
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $257M
Latest Deal Amount

A123 Systems General Information

Description

Manufacturer of rechargeable lithium-ion batteries and battery systems designed to offer efficient power supply for electronic devices. The company's products are built on nanoscale materials and is designed to deliver high power and energy density, enabling clients to produce devices with increased battery life and safety.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Electronics (B2C)
Parent Company
Wanxiang Group
Primary Office
  • 39000 Seven Mile Road
  • Livonia, MI 48152
  • United States
+1 (734) 000-0000
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A123 Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
16. Merger/Acquisition 29-Jan-2013 $257M 00000 Completed Generating Revenue
15. Bankruptcy: Admin/Reorg 17-Oct-2012 Completed Bankruptcy: Admin/Reorg
14. PIPE 12-Jul-2012 0000 00000 Completed Generating Revenue
13. Debt - General 06-Jun-2012 0000 00000 Completed Generating Revenue/Not Profitable
12. IPO 24-Sep-2009 00000 00000 00.000 Completed Generating Revenue/Not Profitable
11. Grant 01-Aug-2009 00000 00000 Completed Generating Revenue/Not Profitable
10. Later Stage VC 24-Jun-2009 00000 00000 00000 Completed Generating Revenue
9. Later Stage VC (Series E) 22-Oct-2008 00000 00000 00000 Completed Generating Revenue
8. Later Stage VC (Series D) 05-Mar-2008 $70M $177M 00000 Completed Generating Revenue
7. Later Stage VC (Series C) 23-Oct-2007 $30.5M $107M 00000 Completed Generating Revenue
To view A123 Systems’s complete valuation and funding history, request access »

A123 Systems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series F 00,000,000 00.000000 00.0 00.0 00 00.0 00.000
Series E 0,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series D 00,000,000 00.000000 00.00 00.00 00 00.00 00.00
Series C 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B-1 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A-1 2,925,000 $0.001000 $1.5 $1.5 1x $1.5 4.14%
Series A 8,312,087 $0.001000 $1 $1 1x $1 11.76%
To view A123 Systems’s complete cap table history, request access »

A123 Systems Patents

A123 Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210184265-A1 Stacked prismatic architecture for electrochemical cell Pending 13-Dec-2019 00000000000
US-20210005927-A1 Systems and methods for a composite solid-state battery cell with an ionically conductive polymer electrolyte Pending 01-Jul-2019 00000000000
US-20200395593-A1 Anode pre-lithiation for high energy li-ion battery Pending 12-Jun-2019 00000000000
US-20200395762-A1 Dual voltage battery and method for operating the same Pending 11-Jun-2019 000000000
US-20200358076-A1 Methods and systems for dry surface doping of cathode materials Pending 09-May-2019 H01M4/131
To view A123 Systems’s complete patent history, request access »

A123 Systems Executive Team (20)

Name Title Board Seat Contact Info
Robert Johnson Vice President
Yet-Ming Chiang Ph.D Co-Founder
You’re viewing 2 of 20 executive team members. Get the full list »

A123 Systems Board Members (4)

Name Representing Role Since
Gururaj Deshpande Ph.D Self Chairman 000 0000
You’re viewing 1 of 4 board members. Get the full list »

A123 Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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A123 Systems Former Investors (23)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
AllianceBernstein Asset Manager Minority 000 0000 000000 0
Armilar Venture Partners Venture Capital Minority 000 0000 000000 0
Arsenal Growth Growth/Expansion Minority 000 0000 000000 0
Braemar Energy Ventures Venture Capital Minority 000 0000 000000 0
Carruth Capital Real Estate Minority 000 0000 000000 0
You’re viewing 5 of 23 investors. Get the full list »

A123 Systems Investments & Acquisitions (10)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000 13-Oct-2020 00000 0000 0000 Other Equipment 0000 0000
00000000 0000 26-Jun-2018 00000 0000 00.000 Commodity Chemicals
00000 00000 13-Sep-2017 000000000 Other Equipment 0000 0000
000000 000000 02-May-2017 00000 00.00 Industrial Supplies and Parts
Wildcat Discovery Technologies 05-Jan-2017 Later Stage VC 000.00 Energy Storage 0000 0000
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

A123 Systems Subsidiaries (2)

Company Name Industry Location Founded
Leyden Energy Energy Storage Fremont, CA 2007
0000 0000000 00000 Accelerator/Incubator Waltham, MA
To view A123 Systems’s complete subsidiaries history, request access »

A123 Systems Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 00000 13-Oct-2020 00000 00000 00 0000 Completed
  • 8 buyers
00000 00000 13-Sep-2017 000000000 Completed
  • 0000 0000000
Karma Automotive 01-Jun-2010 Later Stage VC 00000 Completed
  • 5 buyers
To view A123 Systems’s complete exits history, request access »