Breathe Battery Technologies raised $21M in a Series B funding round led by Kinnevik Online AB to enhance battery software tools for automakers.
May 07, 2025•3 months ago
Amount Raised
$21 Million
Round Type
series b
Investors
Volvo Cars Tech FundLowercarbon CapitalKinnevik Online Ab
Description
Breathe Battery Technologies recently secured $21 million in a Series B funding round. The investment was led by Kinnevik Online AB, with participation from Lowercarbon Capital and Volvo Cars Tech Fund. The new funds will be used to further develop Breathe's software tools aimed at optimizing battery performance. The company offers a suite of four products designed to improve the efficiency of battery development processes.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech