Boston-Power raises $15.6M for lithium-ion technology

Westborough, Mass.’s Boston-Power, a lithium-ion battery technology developer, has raised $15.6 million in its latest round of funding.

PE Week first reported the news (sorry, can’t find link). New investor Granite Global Ventures led the round, which also included previous investors Venrock Associates and Gabriel Venture Partners.

Granite’s Thomas Ng joins company’s board.

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