London-based startup Breathe Battery Technologies has raised £1.5 million ($2 million) in a new funding round led by Speedinvest. Breathe will use the new capital to scale up and accelerate the deployment of its intelligent battery management algorithms.
Launched in 2019 as a spin-out from Imperial College London’s Electrochemical Science & Engineering group, Breathe has developed a charging software product called Lincc, which it calls “the first battery management software to bring battery physics and battery models that traditionally can only be run on powerful workstation or desktop computing environments to the low-power, low-cost microcontrollers in electric vehicles and consumer electronics.”
By replacing experimental trial-and-error approaches to battery management development, Breathe hopes to enable manufacturers to bring EVs to market faster and more cheaply.
“Our vision for Breathe is to catalyse the electrification of how we move around this planet,” says co-founder and CEO Dr Ian Campbell. “We were inspired by the need to electrify our planet’s transport systems to combat climate change and air pollution—hence the company name.”
“Breathe Battery Technologies is addressing some of the biggest challenges to make batteries more efficient and reduce waste,” said Rick Hao, Principal at Speedinvest. “We were impressed by the unique ‘health-adaptive charging’ technology approach, the deep battery expertise of the team, and the growing market demand.”
Source: Breathe Battery Technologies