Monday, 30 March 2015
Last updated 2 days ago
Feb 25 2009 | 9:21am ET
Massachusetts-based lithium-ion battery maker Boston-Power has appointed electronics industry executive Max Fang as business advisor. In his new role, Fang will assist Boston-Power with business development, supply-chain operations and government relations.
Fang, founder and managing director of the venture capital firm Maxima Capital Management, has a resume that includes 11 years with Dell, where he helped the company establish and develop its pan-Asian supply chain.
Boston-Power produces a long-lasting, fast-charging, Green-certified rechargeable Lithium-ion notebook computer battery called the Sonata. The battery will first ship next month from HP, whose new Enviro Series Program notebook batteries are based on Sonata.
Last month, Boston-Power announced $55 million in growth capital, bringing total investment to $125 million. The company is using the funds to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata.
Initially targeting notebook computers, Sonata could eventually be used to power a wide spectrum of end applications – from consumer electronics devices to e-bikes, hybrid and electric vehicles (EV/HEV) and other forms of transportation. Early versions of products addressing these markets have already been developed.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…