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
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
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
Qnovo LinkedIn Company Profile
Social Media
Qnovo Company Twitter Account
Company News
Qnovo News
Facebook
Qnovo on Facebook
YouTube
Qnovo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nadim Maluf
  Nadim Maluf LinkedIn Profile  Nadim Maluf Twitter Account  Nadim Maluf News  Nadim Maluf on Facebook
VP - Engineering
Fred Berkowitz
  Fred Berkowitz LinkedIn Profile  Fred Berkowitz Twitter Account  Fred Berkowitz News  Fred Berkowitz on Facebook
VP - Engineering
Dania Ghantous
  Dania Ghantous LinkedIn Profile  Dania Ghantous Twitter Account  Dania Ghantous News  Dania Ghantous on Facebook
VP - Operations
David Coakley
  David Coakley LinkedIn Profile  David Coakley Twitter Account  David Coakley News  David Coakley on Facebook
VP - Sales
Ken Engestang
  Ken Engestang LinkedIn Profile  Ken Engestang Twitter Account  Ken Engestang News  Ken Engestang on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/18/2022: Tecovas venture capital transaction
Next: 1/18/2022: BigPanda venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary