# A123 Systems: portfolio, investments and team

> A123 Systems is a corporate vc based in United States. 3 investments on record, latest Feb 2011. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/a123-systems (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# A123 Systems

Last cheque observed Feb 2011. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Corporate VC

Growth Series A Communities Internet Of Things Energy

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **5725** days **00** hrs **00** min **00** sec

Median round **$189M** Rounds led **0 of 3** Exits **1 from the portfolio**

Pitch A123 Systems

## A123 Systems highlights

- 01 3 rounds on record
- 02 Mostly Growth and Series A: 100% of its rounds
- 03 1 exits from the portfolio

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Communities Internet Of Things Energy
- **Based in:** Novi, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2011** 1 round
- **Feb** **[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Growth · US · greentechmedia.com **$150M** With 6 others
- **2010** 2 rounds
- **May** **[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Growth · US **$189M** With 3 others
- **May** **[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Series A · US · earth2tech.com **$189M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Fisker Automotive](https://millionrounds.com/company/fisker-automotive)** Bought by [Wanxiang America](https://millionrounds.com/fund/wanxiang-america) **$149M** Feb 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**Hymotion** **Undisclosed** May 2008

## The cheque

Growth Series A

Median round joined **$189M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Feb 2011
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Growth *2*
- Series A *1*

Cheques by year Led Joined

2010 2011

Often in the room with

- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 3
- [Chesapeake Investments](https://millionrounds.com/fund/chesapeake-investments) 2
- [SeventySix Capital](https://millionrounds.com/fund/seventysix-capital) 2

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## Who they invest alongside

The investors most often in the same rounds as A123 Systems. A count of rooms they were both in, not a relationship either has claimed.

[**Kleiner Perkins Caufield & Byers** VC firm **3** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Chesapeake Investments** Investment firm **2** rounds together](https://millionrounds.com/fund/chesapeake-investments)[**SeventySix Capital** VC firm **2** rounds together](https://millionrounds.com/fund/seventysix-capital)

## Mentioned on podcasts

Episodes that name A123 Systems in their description, not their title.

- [Inevitable](https://millionrounds.com/podcasts/inevitable) 21 Jul 2022 · 43 min Startup Series: ONE Mentions [A123 Systems](https://millionrounds.com/fund/a123-systems) Apple PodcastsShow page

## Quick answers about A123 Systems

### What does A123 Systems invest in?

A123 Systems invests most often at Growth and Series A (100% of the rounds on record), in sectors such as Communities, Internet Of Things and Energy.

### How active is A123 Systems?

3 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2011.

### How big are A123 Systems's cheques?

The median round it joins is $189M.

### Is A123 Systems investing now?

No investments in the last 12 months; the latest was in Feb 2011.

### Who does A123 Systems invest alongside?

Most often Kleiner Perkins Caufield & Byers (3 rounds together), Chesapeake Investments (2 rounds together) and SeventySix Capital (2 rounds together).

### What kind of investor is A123 Systems?

A123 Systems is a corporate VC based in Novi, United States.

### When was A123 Systems founded?

A123 Systems was founded in 2001.

### Where does this information on A123 Systems come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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