TOP NEWS

CFX Battery Gets $14.2M

Asuza-based CFX Battery, a Caltech spinout developing battery systems, is announcing today that it has raised $14.2M in additional funding. The firm said the Series B round came from CMEA Capital, Harris & Harris, Schlumberger and US Venture Partners. CFX Battery is run by Joe Fisher, and was co-founded by Nobel Laureate and Caltech Chemistry professor Dr. Robert Grubbs. The firm said the new round brings its total funding to $29.4M. CFX Battery's Fisher said it will use the new funding to double manufacturing capacity at its Azusa headquarters. The firm is developing both primary batteries and advanced, secondary batteries.


LATEST HEADLINES

More Headlines

BROWSE ISSUES