Fundz

Borgwarner Completes Investment In Qnovo Inc., Enhancing Battery Management Capabilities

PRIVATEJan 11, 2022

Round Type

Venture

Auburn HillsEnergySustainabilitySoftwareMobile

Description

BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, today announced its investment in Qnovo, Inc., a privately held, Silicon Valley-based software and controls company. BorgWarner is the lead investor for Qnovo's multi-million-dollar Series-C capital raise.

Quick answer

Qnovo raised an undisclosed amount in a funding round, dated January 11, 2022. Qnovo is based in Auburn Hills, Michigan, United States.

How much did Qnovo raise?
Qnovo raised an undisclosed amount in a funding round on January 11, 2022.
What does Qnovo do?
Qnovo is reinventing one of the most basic foundations of energy storage and mobility – the battery and how it is charged.
Where is Qnovo based and how big is it?
Qnovo is based in Auburn Hills, Michigan, United States.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as Qnovo that raised within 45 days of this round, from Fundz verified event records.

  • Rondo Energy raised $22M (Series A) on February 8, 2022.
  • Colossus raised $36M (Series A) on January 18, 2022.
  • Electric Power Engineers raised an undisclosed amount on January 13, 2022.
  • Charge Net raised an undisclosed amount (Seed) on January 10, 2022.
  • Inclusive Energy raised an undisclosed amount (Funding Round) on December 15, 2021.
  • Uplight raised $102M on December 13, 2021.

Who to call at Qnovo, and when

A new round usually means Qnovo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Qnovo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Qnovo, from your own LinkedIn network

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Company Information

Company

Qnovo

Location

Auburn Hills, Michigan, United States

About

Qnovo is reinventing one of the most basic foundations of energy storage and mobility – the battery and how it is charged. Qnovo develops patented adaptive charging algorithms and battery data analytics that improve lifetime battery performance with enhanced health and safety. By augmenting battery chemistry with computation and learning software, Qnovo enables batteries to safely charge faster, with more daily use and longer lifespan. Learn more about lithium-ion batteries by following their blog.

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Qnovo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.