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. 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. The different professors present to the VC community, about new things 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.

The firm said the Series B round came from CMEA Capital, Harris & Harris, Schlumberger and US Venture Partners. CFX Battery's Fisher said it will use the new funding to double manufacturing capacity at its Azusa headquarters. Tags: battery venture capital energy materials advance Asuza-based CFX Battery , a Caltech spinout developing battery systems, is announcing today that it has raised $14.2M in additional funding.

Azusa-based CFX Battery , a developer of advanced battery technology, said today at Los Angeles Technology Week that the firm has just closed a $15M, Series B funding round. Tags: battery materials venture capita CFX, a spinout of Caltech, is developing both primary and secondary batteries. Joseph Fisher, the firm's CEO, said on a panel that the investment was led by an unnamed strategic investor.