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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. CFX, a spinout of Caltech, is developing both primary and secondary batteries. Tags: battery materials venture capital. READ MORE>>.
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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. It was technology developed by Panasonic in the mid 70's. As a result, in 2007, our three lead investors -- including CMEA Capital, U.S.
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