Breathe Battery Technologies Raises $21M in Series B Funding
Summary
The round was led by Kinnevik, with participation from Lowercarbon Capital and Volvo Cars Tech Fund. The company intends to use the funds to accelerate growth, and expand its business reach, as well as its development efforts. Led by Ian Campbell, co-founder and CEO, Breathe is a battery performance company whose physics-based battery management software helps electric vehicle and consumer electronics brands deliver products with faster charging, greater cycle life and safety. Breathe Model simulates the fundamental electrochemical and thermal dynamics of lithium-ion batteries. It is a Thermally Coupled Single Particle Model with electrolyte (TSPMe) that incorporates innovative enhancements to deliver accuracy across the wide operating conditions required from modern batteries.