United States · Venture startup

Who invested in A123 Systems

8 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Funding summaryUpdated 26 Oct 2026

$503Mraised across 8 rounds since 2005, from 8 sources

$32MSeries A$30MSeries B$40MSeries C$30MSeries D$69MSeries E$249MGrant$2.9MGrant$50MVenture
Latest round
Venture, $50MJun 2012
Biggest round
$249MGrant · Aug 2009
Step-upi
17.5×
Investors
12
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2006200720082009201020112012
$32MSeries A$30MSeries B$40MSeries C$30MSeries D$69MSeries E$249MGrant$2.9MGrant$50MVenture
First round
Series A, $32M
Nov 2005
Biggest round
$249M
Grant · Aug 2009
Usual gap between rounds
9 months
the median of 7

The rounds

  1. Jun 2012
    Venture$50M

    No investor was named in the report.

    Reported by masshightech.comSEC filing: $50M sold, first sale May 2012

  2. Dec 2009
    Grant$2.9M

    No investor was named in the report.

    Reported by earth2tech.com

  3. Aug 2009
    Grant$249M1 new

    Reported by ir.a123systems.comSEC filing: $69M sold, first sale Apr 2009

  4. Apr 2009
    Series E$69M1 new1 returning

    Reported by pehub.comSEC filing: $69M sold, first sale Apr 2009

  5. Oct 2007
  6. Jan 2007
    Series C$40M

    No investor was named in the report.

    Reported by venturebeat.com

  7. Feb 2006
    Series B$30M1 new

    Reported by allbusiness.com

  8. Nov 2005
    Series A$32M

    No investor was named in the report.

    Reported by redherring.com

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

The exit

ExitListingPriceWhen
IPONASDAQ:AONEundisclosedSept 2009

From historical deal records. Wrong? Tell us.

Everyone who backed them

GE VenturesCorporate VC2rounds
Sequoia CapitalVC firm1round
US Department of EnergyGovernment1round
QualcommCorporate VC1round
Procter & GambleGrowth equity1round
Alliance Capital Venturesno record of our own yet1round
Massachusetts Institute of Technology - MITno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list A123 Systems as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Braemar Energy VenturesVC firmPer its own site
Open Field CapitalVC firmPer its own site

Quick answers about A123 Systems

Who invested in A123 Systems?

A123 Systems's investors include GE Ventures, Sequoia Capital, US Department of Energy, North Bridge Venture Partners & Growth Equity and Qualcomm, and 7 more on record.

How much has A123 Systems raised?

A123 Systems has raised $503M across 8 rounds since 2005.

When did A123 Systems last raise?

A123 Systems's most recent round was a Venture of $50M in Jun 2012.

What was A123 Systems's biggest round?

A123 Systems's largest round on record is $249M (Grant), in Aug 2009.

Who backed A123 Systems first?

A123 Systems's first round on record, in Feb 2006, was backed by Madison Parker Capital.

What stage is A123 Systems at?

A123 Systems's latest named round is a Venture, in Jun 2012.

Where is A123 Systems based?

A123 Systems is based in the United States.

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