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Li-ion maker Amprius raises $30M to accelerate commercialization of high-energy, high-capacity batteries

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SAIF Partners, a leading Asian private equity firm, led the financing, in which all of Amprius’ previous investors participated. Amprius maintains an R&D lab and corporate headquarters in Sunnyvale, California and operates an R&D lab and pilot production line for advanced battery development in Nanjing, China. billion in capital.

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014. A123 Systems has added more than 50 corporate and research and development jobs in Massachusetts in the last year associated with its expanded US manufacturing capacity in Michigan.

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