Thursday, January 8, 2009

CFX Battery Gains $11M

Azusa-based CFX Battery, a Caltech spinout focused on primary and rechargeable battery technology, has scored $11M in a $15.18M funding round, according to a regulatory funding. The funding was first disclosed December 24th in a filing with the SEC. The funding came from existing investors CMEA Ventures, Harris and Harris, and US Venture Partners. Details on the funding were uncovered by PE Week from the filings. CFX Battery is headed by T. Joseph Fisher III, who was most recently at Energizer; the firm was co-founded by Dr. Rachid Yazami. More information »

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