Monday, November 23, 2009

Fallbrook Technologies Gains $4.0M More

San Diego-based Fallbrook Technologies, a developer of continuous variable planetary transmissions used for the automotive industry, has raised $4.0M in an equity funding, according to a recent regulatory filing by the firm. Details on the funding have not been released by Fallbrook. The filing indicates that 27 investors were involved in the funding. Fallbrook has previously raised capital from NGEN Partners and Robeco Group. Fallbrook's transmission technology is expected to improve energy efficiency and fuel economy in vehicles. More information »

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