Borgwarner And Ogci Climate Investments Complete New Investments In Qnovo In $24M Series-C Funding
01/11/22, 9:09 AM
Location
newark
Money raised
$24 million
Round Type
series c
Qnovo, a pioneer in battery management software, announced the closing of $24M in Series-C financing. BorgWarner led the round with significant participation by OGCI Climate Investments and Constellation Technology Ventures. Existing investors U.S. Venture Partners and RockPort Capital also participated
Company Info
Location
newark, new jersey, united states
Additional Info
The company, which is in advanced vehicle qualifications with several global passenger and commercial electric vehicle (EV) manufacturers, will use the new capital to scale their software products into EV production, and support growing demand from grid stationary storage systems.