Tech Company Financing Transactions
Qnovo Funding Round
Qnovo, operating out of Newark, secured $24 million from BorgWarner, Constellation Technology Ventures and OGCI Climate Investments.
Transaction Overview
Company Name
Announced On
1/18/2022
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to scale their software products into EV production, and support growing demand from grid stationary storage systems.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
39655 Eureka Dr.
Newark, CA 94560
USA
Newark, CA 94560
USA
Phone
Website
Email Address
Overview
Qnovo is a venture-backed privately held company developing next generation electronic management systems for lithium ion batteries. Our technology will enable greatly expanded battery performance for applications ranging from consumer electronics to transportation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nadim Maluf
VP - Engineering
Fred Berkowitz
VP - Engineering
Dania Ghantous
VP - Operations
David Coakley
VP - Sales
Ken Engestang
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