◂ Announcements

Jan 12, 2022INVESTMENTSilicon Valley, California, United States

Qnovo raises $24 million in Series C round led by BorgWarner

Qnovo, a Silicon Valley software company, raised $24 million in Series C funding led by BorgWarner. The investment will support expansion of battery management software into EV manufacturing and grid-scale storage.

Value

$24.0M

Status

Announced

Productsbattery management softwarecharging algorithms

CompaniesQnovo BorgWarner investor

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“This new capital along with our strategic partnerships will accelerate the deployment of our software solutions in the EV market.”electrive.com

1 source
electrive.comQnovo gathers 24 million in round led by BorgWarner - electrive.comCarrie HampelJan 12, 2022

Summarized from public sources; check the original articles before acting on it.

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