Qnovo

Qnovo is a US-based company that has developed intelligent battery management system (BMS) software and predictive analytics, which improve the performance of EV batteries, energy storage systems, and consumer devices. The company serves passenger EVs and commercial fleets and claims that its adaptive charging charges 2x faster than incumbent solutions on the market, without battery degradation, adding up to 20% capacity.

Qnovo’s SpectralX Charging improves the performance, fast charging, safety, and predictive capabilities of BMS. Furthermore, the software augments the battery’s chemistry through computation and learning software to charge faster without compromising battery life. It also extends the range through increased depth of discharge.

Furthermore, Qnovo’s SpectralX Health and Safety , which runs as a software layer over SpectralX Charging, proactively identifies battery cells at risk of failure, providing recommendations on charging adjustments to mitigate safety hazards.  

Finally, Qnovo’s SpectralX Services support EV fleet management services through on-vehicle and cloud-based applications, providing insight into battery health to optimize fleet operations, projected remaining useful life of batteries for lifecycle management planning, etc.

In January 2023, Qnovo partnered with Vanderhall Motor Works, a US manufacturer of light mobility vehicles, where the latter will use Qnovo’s SpectralX in its EVs in 2023. Furthermore, in February 2023, the company partnered with NXP Semiconductors, and as such, NXP will offer Qnovo's SpectralX in its e-mobility enablement solutions for EVs in 2023.

Qnovo’s latest funding was in January 2022, when the company raised USD 24 million in a Series C round led by BorgWarner. The company intended to use the funding to commercialize its products for EVs and energy storage systems.