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Business in brief

A123 raises $40m more in venture capital financing

January 25, 2007

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A123 Systems Inc. , a Watertown maker of a new kind of lightweight, high-capacity battery, has collected $40 million in a round of venture capital funding, bringing total capital raised to $102 million. A key investor in the new round is Procter & Gamble Co., maker of Duracell batteries. That could create major platforms for A123 to market its batteries, ... (Full article: 686 words)

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