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January 11, 2022updated 21 Jan 2022 12:44pm

BorgWarner invests in Qnovo

Supplier is lead investor in the latest fundraising round.

By Graeme Roberts

BorgWarner has announced an investment in Qnovo, a privately held, Silicon Valley-based software and controls company.

The supplier is the lead investor for Qnovo’s multi million dollar series-C capital raise.

Qnovo focuses on battery health measurement and fast charging and the investment “deepens BorgWarner’s capacity to further its battery solutions portfolio by partnering with Qnovo”, a statement said.

The intelligent software offers multiple benefits, including predictive safety measures, faster charging and extended battery life. It also implements adaptive charging algorithms and predictive tools into an application that runs on AutoSAR or an equivalent vehicle operating system.

“BorgWarner sees a great opportunity with our strategic investment to collaborate with Qnovo, allowing us to leverage its advanced battery management software in our electrification portfolio,” said Harry Husted, BW’s chief technology officer.

“We look forward to partnering with Qnovo as they enter the automotive industry to provide battery solutions to the electric vehicle market.”

Qnovo is based in Newark, California.

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