# CFX Battery

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cfx-battery

- Industry: Energy Storage & Batteries
- Headquarters: Azusa, US
- Website: www.contourenergy.com
- Total disclosed funding: $69M
- Latest round: Series C (Oct 6, 2011)
- Investors on record: 6

## About

CFX Battery Inc. specializes in innovative battery technology, focusing on solutions that enhance energy efficiency and sustainability across various applications. The company aims to revolutionize energy storage with cutting-edge developments in battery design.CFX Battery Inc. is a leader in battery technology, headquartered in Azusa, US. Founded in 2007, the company has undergone significant developments, including a merger with ActaCell in September 2012. The most recent funding round was a Series C, raising USD 20.00 mn, led by SG Growth Capital Pte Ltd. Total funds raised amount to USD 20.00 mn, with a total of 9 deals completed by the company.CFX Battery Inc. offers a comprehensive suite of battery products designed to meet diverse market demands. Their core solutions include advanced battery systems tailored for industries like automotive, consumer electronics, and renewable energy applications. The products support various functionalities, such as energy storage, durability, and efficiency, catering to both B2B and consumer markets across North America, Europe, and parts of Asia.CFX Battery Inc. generates revenue through a combination of direct sales and subscription models. Clients engage with the company via tailored partnerships, often subscribing to battery technology solutions that align with their operational needs. The revenue model emphasizes flexibility, allowing businesses to select from tiered pricing packages tailored to their specific usage and budget constraints, while also fostering relationships within B2B and direct-to-consumer markets to broaden their revenue streams.CFX Battery Inc. is focused on expanding its product line with new battery solutions targeting the growing demand for renewable energy storage. The company plans to launch several innovative products by the end of 2025. Additionally, CFX aims to penetrate new markets in Asia and Europe, leveraging recent funding to enhance research and development capabilities. The recent Series C funding round will enable the company to support these initiatives effectively, aiming for a stronger foothold in the global battery market.

## Funding rounds

- Series C, Oct 6, 2011, $20M — US Venture Partners, Presidio Partners, 180 Degree Capital, SG Growth Capital, SLB, SBI Ven Capital
- Series C, Jun 21, 2011, $20M — US Venture Partners, Presidio Partners, 180 Degree Capital, SG Growth Capital, SLB
- Series B, Feb 24, 2010, $14M — US Venture Partners, Presidio Partners, 180 Degree Capital, SLB
- Series A, Jun 1, 2007, $15M — US Venture Partners, Presidio Partners, 180 Degree Capital

## Investors

- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A, Series B, Series C
- Presidio Partners (https://capitalatlas.ai/funds/presidio-partners) — Series A, Series B, Series C
- 180 Degree Capital (https://capitalatlas.ai/funds/180-degree-capital) — Series A, Series B, Series C
- SLB — Series B, Series C
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series C
- SBI Ven Capital (https://capitalatlas.ai/funds/sbi-ven-capital) — Series C