
Company: Boston-Power, Inc., Westborough, MA Entry Submitted By: CHEN PR Company Description: Boston-Power, Inc. is a next generation lithium ion battery company founded in 2005 by Dr. Christina Lampe-Onnerud. The company’s Sonata product line provides notebook computer users with the industry’s fastest recharge time and is the only battery designed to match the lifespan of a notebook computer. Boston-Power is headquartered in Westborough, Mass. Nomination Category: Individual Categories Nomination Sub Category: Best Entrepreneur – Non-Services Businesses – up to 100 Employees
Nomination Title: Dr. Christina Lampe-Onnerud, Founder and CEO, Boston-Power, Inc.
1. Describe for the judges the activities and accomplishments of the nominated entrepreneur during the eligibility period (up to 500 words):
Dr. Christina Lampe-Onnerud is the Founder and CEO of Boston-Power, Inc., a provider of next-generation lithium-ion batteries for notebook computers. The company has taken the lithium-ion battery technology the market knows today to the next level by establishing a new benchmark in safety, cycle life, performance and environmental responsibility with the company’s first product, Sonata.
The company has garnered strong interest from the leading notebook computer manufacturers, including HP, and is currently working closely with HP as well as other top OEMs.
In December of 2007, Dr. Lampe-Onnerud helped raise $45 million in Series C venture funding, bringing total investment in Boston-Power to $70 million. The round was the largest venture investment in Massachusetts in 2007 and one of the largest in New England.
Also in December, Dr. Lampe-Onnerud and Boston-Power announced a partnership with GP Batteries, the number one battery manufacturer in Asia outside Japan and the tenth largest battery manufacturer in the world. This manufacturing partnership brought Boston-Power into mass production. The company expects to scale production from several hundred thousand cells per month to more than a million per month by December 2008 and plans to come to market in 2008.
Dr. Lampe-Onnerud was recognized with a number of honors and achievements in the past year, perhaps most notably being named one of only 15 innovators (and the only one named specifically in the energy sector) for EDN’s June 26th Innovators 2008 issue. Additionally, Dr. Lampe-Onnerud was awarded the Ernst & Young Entrepreneur of the Year Finalist award in 2008, as well as in 2007.
Boston-Power was named the overall winner of the Northeast USA Top Private 100 Companies list put out by AlwaysOn. The company was also named to the U.S. Red Herring North America 100 list in 2008.
Dr. Lampe-Onnerud and Boston-Power desire to bring a safer, longer-lasting and environmentally friendly battery to market for notebook computers. Specific to the environment, Sonata is the first and only rechargeable Lithium-ion notebook computer battery in the world to earn the prestigious, internationally respected Nordic Ecolabel certification. In addition, the company also received a similar certification by the China Environmental Protection Agency for high environmental sustainability standards and responsibility regarding the company’s efforts in efficient manufacturing operations.
Personally, Dr. Lampe-Onnerud has participated in multiple environmental conferences in the past year. Most recently, Dr. Lampe-Onnerud was one of 100 influential leaders invited to Oslo, Norway for “Climate Conference 08: Technology and Finance in Climate Cooperation,” a precursor to the post-Kyoto Protocol in Copenhagen 2009. (Boston-Power was the only U.S.-based startup invited to the conference.)
Dr. Lampe-Onnerud was also invited by China’s EPA to participate in the “International Conference on Sustainable Consumption, Eco-labeling and Green Procurement” in Beijing in June.
2. List the URLs (web addresses) of any online news stories, press releases, or other documents that you would like the judges to see that support your entry. IMPORTANT: List each URL on a separate line, begin each URL with http://, and enclose each URL in square brackets. For example, [http://www.yourcompany.com/pressrelease.html]:
Company press releases: http://www.boston-power.com/129.html http://www.boston-power.com/70.html http://www.boston-power.com/130.html
Environmental press releases: http://www.boston-power.com/64.html http://www.boston-power.com/65.html http://www.boston-power.com/press-release.html http://www.boston-power.com/69.html http://www.boston-power.com/71.html
Press highlights: http://www.businessweek.com/magazine/content/08_26/b4090038429655.htm http://spectrum.ieee.org/mar08/6008 http://www.forbes.com/2008/02/27/motorola-sony-procter-ent-tech-cx_ml_0228battery.html http://www.boston.com/business/globe/articles/2008/01/04/westborough_start_up_gets_jump_start/ http://news.cnet.com/Notebook-battery-maker-gets-charged-up-for-cars/2100-1041_3-6224334.html http://www.engadget.com/2008/01/03/boston-power-scores-45-million-in-funding-expands-production-c/ http://venturebeat.com/2008/01/03/boston-power-charges-up-battery-technology-with-45m-investment/#more-69134 http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN0319254020080103 http://online.wsj.com/article/SB119933338492264437.html?mod=technology_main_whats_news http://www.networkworld.com/podcasts/demo/2007/121107-sixminutes-christinalampe-onnerud.html?nlhtcool=rn_121307&nladname=121307cooltoolsal http://online.wsj.com/article/SB119272497554363578.html http://www.masshightech.com/stories/2007/07/30/focus1-Power-Push.html
3. Provide a brief biography of the nominated entrepreneur (up to 100 words):
Dr. Lampe-Onnerud is one of the world's foremost authorities in battery system innovation and design. Strategy and technology advisor to the global battery industry, she has pioneered the use of lithium-ion and other materials to deliver more powerful, longer lasting, safer and cost-effective batteries for laptops and other electronic devices. Prior to founding Boston-Power, Dr. Lampe-Onnerud was one of the youngest partners ever appointed at Arthur D. Little/TIAX, where she ran the company's globally- renowned battery labs. Awarded 15 patents in portable power solutions, with 10 patents pending, Dr. Lampe-Onnerud has been recognized among the 100 Top Young Innovators by Technology Review.
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