Breathe Battery Technologies secures £1.5m seed funding from Speedinvest to scale its battery management software.
The seed round was led by Speedinvest with participation from notable angel investors.
Breathe Battery Technologies develops adaptive battery management software designed to improve charging speeds and performance for electric vehicles. Spun out of Imperial College, the London-based firm provides physics-based technology that dynamically controls charging cycles.
Breathe Battery Technologies has raised £1.5m in a seed round led by Speedinvest, alongside participation from several angel investors. The London based start-up will direct the capital toward scaling its engineering team and delivering ongoing client projects within the electric vehicle and consumer electronics sectors. Spun out from Imperial College London in 2019, the company provides software designed to optimise battery charging speeds and health.
From the founder
"Our vision for Breathe is to catalyse the electrification of how we move around this planet"
Ian Campbell
CEO at Breathe Battery Technologies
Investor perspective
"The battery market is at an inflection point and Breathe Battery Technologies is addressing some of the biggest challenges to make batteries more efficient and reduce waste. We were impressed by the unique ‘health-adaptive charging’ technology approach, the deep battery expertise of the team, and the growing market demand. In addition to vehicles, almost every application using lithium-ion batteries could benefit from the technology. We’re excited to support the rapidly growing Breathe Battery Technologies."
Rick Hao
Partner, Speedinvest
Use of funds
- 01Grow the team
- 02Continue product development
Investors
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About the company
Breathe Battery Technologies
Breathe Battery Technologies builds adaptive battery management software to improve electric vehicle charging performance.