Origo Invests in Unipower Battery
China-focused private equity firm Origo Partners will invest up to $15 million in Unipower Battery Ltd. as part of a $22 million convertible note offering by the company. One-year-old Unipower Battery is based in China and focused on large polymer batteries for electric vehicles and high-capacity storage. Origo initially put $4.3 million into the start-up during a 2010 round.
16 March 2011•3 mins read
