Car battery maker A123 scores $15M more from GE » VentureBeat
VENTUREBEAT.COM - A123 Systems, maker of the lithium-ion batteries — primarily for hybrid and electric cars — has nabbed another $15 million in funding from General Electric, marking the seventh time the conglomerate has invested in the capital-rich startup. This brings the total of A123’s recent round of financing to $69 million.The Watertown, Mass.-based company says it plans to use the money to...
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