In wake of $58M in funding, Mass. battery maker moves HQ

In wake of $58M in funding, Mass. battery maker moves HQ

High-tech battery maker Vionx Energy Corp. has relocated its headquarters to Woburn.
The company was previously based in North Reading. Its new headquarters is a 24,600-square-foot light manufacturing facility at 12 Cabot Road.
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High-tech battery maker Vionx Energy has relocated its headquarters from North Reading to… more
Courtesy Cummings Properties
Vionx makes a high-tech battery that’s aimed at electrical grids and is an alternative to lithium ion technology. The company uses an approach called vanadium redox flow that gives the batteries it makes a six- to 10-hour runtime and a 20-year lifetime.
Earlier this year, the company raised $58 million in equity funding from a total of 11 investors. Vionx was previously known as Premium Power and was founded in 2002.
The company's new office at 12 Cabot Road in Woburn is located near the intersection of Interstates 95 and 93 and Route 128. Cummings Properties’ in-house construction team built out 9,000 square feet to create an open office floor plan at the light manufacturing facility.
“Vionx needed a space that could be customized to suit its current and future needs as well as its desire to embrace the open office environment trend,” Hood of T3 Advisors said in a statement.
Jeremy Hood of T3 Advisors and Robb LaBossiere of Cummings Properties worked on the lease deal.

http://www.bizjournals.com/boston/r...-58m-in-funding-mass-battery-maker-moves.html