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Azusa-based Contour Energy Systems, the developer of battery technology based on research from Caltech, announced this morning that it has raised $20M in a Series C funding round. The company said it added new investor SBI Jeffries Asia Fund L.P. as a new investor in the round. Other investors in the round included CMEA Capital, Harris & Harris, Schlumberger and U.S. Venture Partners. The firm said the new funding will go towards production capacity and working capital. Contour Energy Systems is headed by Joe Fisher.
posted on Thursday, October 6, 2011 (Link to more information)

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