Earlier this month, Azusa-based CFX Battery , a stealthy battery technology spinout from Caltech, announced it had raised a new round of funding worth $14.2M. How did Contour Energy spin out of Caltech? Joe Joe Fisher: Back about three years ago, Caltech took some of the intellectual property involved with this to an event, where once a year they invite venture capital groups to come in. This week, the firm announced that it was renaming itself Contour Energy (www.contourenergy.com)--and said it was ready to talk about what its battery technology is all about.

Azusa-based CFX Battery , the stealthy Caltech battery spinoff, said today that it has renamed itself Contour Energy , and emerged out of stealth mode. in funding from CMEA Capital, Harris & Harris, Schlumberger and US Venture Partners--said it is targeting the transportation, government and defense, medical, industrial, portable electronics and specialty application markets with its products, which were developed out of a collaboration between CalTech and CNRS, the French National Center for Scientific Research. Contour Energy said it is developing advancements in fluorine-based battery chemistries, nanomaterials science, and manufacturing processes, and is targeted at portable power products.

Asuza-based CFX Battery , a Caltech spinout developing battery systems, is announcing today that it has raised $14.2M CFX Battery is run by Joe Fisher, and was co-founded by Nobel Laureate and Caltech Chemistry professor Dr. CFX Battery's Fisher said it will use the new funding to double manufacturing capacity at its Azusa headquarters. in additional funding. The firm said the Series B round came from CMEA Capital, Harris & Harris, Schlumberger and US Venture Partners.