# A123 Systems

> A123 Systems is a VC fund in Westborough backing Electric Vehicle and Energy. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Westborough, United States
- Total investments: 4
- Last investment: Oct 2020
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/a123-systems
- X (Twitter): http://twitter.com/A123Systems
- Website: http://www.a123systems.com/
- Facebook: http://www.facebook.com/A123Inc/info

A123 Systems is a VC fund in Westborough focused on Electric Vehicle and Energy. Based on new, highly active nanoscale material initially developed at MIT, A123Systems' low impedance Nanophosphate electrode technology provides a competitive advantage over alternative high power technologies.A123's cell and electrode designs lower cost/watt and cost/watt-hour. They have higher voltage than other long-lifesystems, enabling lower pack cost. Their long life leads to reduced lifecycle and system costs resulting in greater overall price-performance .Competitors include

## Contacts

5 contacts available for A123 Systems. Shizune tracks 8 team members at A123 Systems. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/a123systems?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Electric Vehicle | 2 | 50% |
| Energy | 1 | 25% |
| Battery | 1 | 25% |
| Automotive | 1 | 25% |
| Energy Storage | 1 | 25% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 25% |
| Private Equity | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| David Vieau | President and CEO | 0 | https://shizune.co/investors/profile/david-vieau |
| Bing Sun | Chief Financial Officer | 0 | — |
| Grace Chang | VP of Manufacturing | 0 | — |
| Jason Forcier | CEO | 0 | — |
| Jim Paye | Acting Chief Technology Officer & Senior Vice President for Systems Engineering | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Solid Power | Solid Power is a developer of solid-state rechargeable batteries for electric vehicles and mobile power markets. Possessing no volatile or flammable liquid components, its solid-state batteries are extremely energy-dense while also possessing ultimate safety and reliability. Together, these performance attributes can enable profound performanceimprovements of battery-powered devices such as portable electronics, electric vehicles, aircraft, and satellites through increased run time, increased safety, and lower cost. | $28M | Series A | Oct 13, 2020 | https://solidpowerbattery.com |
| Solid Power | Solid Power is a developer of solid-state rechargeable batteries for electric vehicles and mobile power markets. Possessing no volatile or flammable liquid components, its solid-state batteries are extremely energy-dense while also possessing ultimate safety and reliability. Together, these performance attributes can enable profound performanceimprovements of battery-powered devices such as portable electronics, electric vehicles, aircraft, and satellites through increased run time, increased safety, and lower cost. | $20M | Series A | Sep 10, 2018 | https://solidpowerbattery.com |
| Fisker Automotive | Fisker Automotive was an American company known for producing the Fisker Karma, which was one of the world's first production luxury plug-in hybrid electric vehicles. It debuted at the 2008 North American International Auto Show, and the first deliveries were in 2011. Production of the Fisker Karma was suspended in November 2012 due to thebankruptcy of its battery supplier A123 Systems, with about 2,450 Karmas built since 2011 and over 2000 cars sold worldwide. In February 2014, Fisker Automotive's Karma vehicle design, tooling, and a manufacturing facility in Delaware were purchased by Chinese auto parts conglomerate Wanxiang Group. | $150M | Private Equity | Feb 22, 2011 | https://www.fiskerinc.com/ |
| Fisker Automotive | Fisker Automotive was an American company known for producing the Fisker Karma, which was one of the world's first production luxury plug-in hybrid electric vehicles. It debuted at the 2008 North American International Auto Show, and the first deliveries were in 2011. Production of the Fisker Karma was suspended in November 2012 due to thebankruptcy of its battery supplier A123 Systems, with about 2,450 Karmas built since 2011 and over 2000 cars sold worldwide. In February 2014, Fisker Automotive's Karma vehicle design, tooling, and a manufacturing facility in Delaware were purchased by Chinese auto parts conglomerate Wanxiang Group. | $189M | Private Equity | May 01, 2010 | https://www.fiskerinc.com/ |

4 of 4 investments shown.

## Co-investors
- Ace Investments — VC Fund, 2 deals together
- CRADLE — VC Fund, 2 deals together
- [Kleiner Perkins](https://shizune.co/investors/profile/kleiner-perkins-caufield-byers) — VC Fund, 2 deals together
- Sanoh Industrial Co. — VC Fund, 2 deals together
- [Advanced Equities](https://shizune.co/investors/profile/advanced-equities) — VC Fund, 1 deal together
- Ford Motor — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does A123 Systems invest in?

A123 Systems invests primarily in Electric Vehicle, Energy and Battery startups, most often at Series A and Private Equity stage. Most of the 4 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact A123 Systems?

Public channels for A123 Systems include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at A123 Systems?

The team at A123 Systems includes David Vieau (President and CEO), Bing Sun (Chief Financial Officer) and Grace Chang (VP of Manufacturing), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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