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Breathe raises $21 million in Series B funding and grows product portfolio with expanded battery software toolchain

Breathe Technologies has announced it has secured $21 million in Series B funding and launched a major expansion of its product portfolio.
Breathe raises $21 million in Series B funding and grows product portfolio with expanded battery software toolchain
Courtesy of Breathe Battery Technologies.

The expansion of the portfolio transforms Breathe’s offerings from an embedded software solution to a comprehensive suite of battery simulation software, embedded software and battery services that support the full battery development journey.

The round brings in new investor Kinnevik AB, with continued backing from Lowercarbon Capital and Volvo Cars Tech Fund. The funding will accelerate Breathe’s growth, expand its physics-based battery software capabilities, and more than double the size of its London laboratory - now the largest battery testing facility in the city.

This investment comes as Breathe launches three new products - Breathe Model, Breathe Map, and Breathe Design - forming a comprehensive expanded battery software toolchain that enables customers to design, validate and optimise better batteries, faster.

The new products joining Breathe's portfolio include:

Breathe Model: Advanced cell simulation software that frees developers from the constraints of empirical testing with high-level simulations based on physics-based electrochemical and thermal dynamics.

Breathe Map: Performance mapping service that reveals what customer’s batteries are truly capable of.

Breathe Design (coming soon): Cell design software that enables engineers to create more performant, cost-effective battery systems with system-level, contextual knowledge.

These new products complement Breathe's existing Breathe Charge adaptive charging software, which Volvo Cars recently announced will be featured on its upcoming ES90 sedan. Breathe Charge dynamically controls the charging current by managing internal electrochemical states. Together, the battery toolchain addresses core industry challenges such as hardware overdesign, late-stage testing surprises and lengthy development cycles, enabling battery developers to move faster and make data-driven decisions.

“Breathe has evolved to become a leading company in battery technology, with the funding and infrastructure to match our ambition and deliver a major impact on battery innovation” said Dr. Ian Campbell, CEO of Breathe. “The industry can no longer afford incremental progress, it needs transformative technology that makes batteries fundamentally better. Our software toolchain improves EV charging for end-users and helps manufacturers cut costs, reduce risk, and accelerate battery system development.  This funding allows us to expand our technology capabilities, our team and our lab so we can push battery performance further.”

For additional information:

Breathe Technologies

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