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Energy Tech Series C Founded 2009

Qnovo

Qnovo develops battery intelligence software that optimizes lithium-ion battery safety, performance, and longevity without requiring additional hardware. The company's platform leverages big data, advanced physical algorithms, and machine learning to deliver predictive and adaptive battery management with 98.7% accuracy, surpassing conventional battery management systems (BMS). Qnovo's patented adaptive fast…

📍 Milpitas, United States · Electric Vehicles,

Funding snapshot

Last roundSeries C
Amount$40M
Date4 March 2026
Total raised$40M
Team size32

About

Qnovo develops battery intelligence software that optimizes lithium-ion battery safety, performance, and longevity without requiring additional hardware. The company's platform leverages big data, advanced physical algorithms, and machine learning to deliver predictive and adaptive battery management with 98.7% accuracy, surpassing conventional battery management systems (BMS). Qnovo's patented adaptive fast charging algorithms improve charging speed, daily runtime, and battery lifetime while reducing costs. The technology serves electric mobility (passenger vehicles, heavy-duty vehicles, commercial fleets, electrified railways), energy storage systems (including second-life batteries and charging infrastructure), and consumer devices (smartphones, power tools). Founded in 2009 and headquartered in Milpitas, California, Qnovo has raised $40.0M in Series C funding from investors including Terawatt Ventures, RockPort Capital, USVP, BlueRun Ventures, Intel Capital, BorgWarner, Hyundai Motor Company, and Kia.

Business model

Electric Vehicles > Vehicle Management > B2B > Battery Management Systems,

Energy Storage Tech > Battery > Battery Management System > Lithium Ion Battery

Team background

College Wise > Stanford University

Institutional investors

Terawatt Ventures RockPort Capital USVP BlueRun Ventures Sony Mobile Intel Capital Constellation BorgWarner OGCI Climate Investment Hyundai Motor Company Kia Constellation Technology Ventures Blue Earth Capital

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