What does Breathe Battery Technologies do?
Breathe Battery Technologies develops AI-powered tools and physics-based battery management software that predict and optimize battery performance. Its suite of products, including the Breathe Model, Breathe Map, and Breathe Charge, is designed to improve charging speed, cycle life, and safety for electric vehicles and other devices.
How much did they raise?
The company raised $21M in Series B funding, with the round led by Kinnevik and participation from Lowercarbon Capital and Volvo Cars Tech Fund.
What are their plans for the money?
The company intends to use the funds to accelerate its growth, broaden its business reach, and enhance its development efforts, which could lead to significant advancements in electric vehicle and consumer electronics battery management.
What have they achieved so far?
Breathe Battery Technologies has already demonstrated success with its innovative solutions, including the Breathe Model that simulates battery performance under varied conditions, positioning the company as a key player in the battery management space.