Breathe Battery Technologies, a London, UK based developer of AI-powered tools to predict battery performance for electric vehicles and other devices, raised $21m in Series B funding.
The round was led by Kinnevik, with participation from Lowercarbon Capital and Volvo Cars Tech Fund.
The company intends to use the funds to accelerate growth, and expand its business reach, as well as its development efforts.
Led by Ian Campbell, co-founder and CEO, Breathe is a battery performance company whose physics-based battery management software helps electric vehicle and consumer electronics brands deliver products with faster charging, greater cycle life and safety. Breathe Model simulates the fundamental electrochemical and thermal dynamics of lithium-ion batteries. It is a Thermally Coupled Single Particle Model with electrolyte (TSPMe) that incorporates innovative enhancements to deliver accuracy across the wide operating conditions required from modern batteries. Breathe Model is delivered as a Simscape block, ready to use in your development workflows.
Breathe Map is an interactive report that lets users explore how charging performance attributes of their battery – charge time, cycle life, charge time evolution and thermal load – can be balanced, backed by real data.
Breathe Charge is an adaptive charging software platform that controls a battery’s internal states in real time, so users can have confidence they have the optimal charging strategy at every moment.
FinSMEs
10/05/2025