Qnovo, a Newark, CA-based developer of software to enhance battery performance, received an investment from Sony Mobile Communications.
The deal was part of (and in addition to) the $8.6m Series B funding round from Intel Capital, RockPort Capital, US Venture Partners and BRV Lotus announced in September 2015.
In addition to the funding, the company also said that its charging technology will be included in Sony Mobile’s Xperia smartphones (Xperia X, Xperia X Performance and Xperia XA).
Led by Nadim Maluf, CEO, Qnovo has developed software that takes a patented approach to battery charging by measuring battery health in real-time and continuously adjusting battery charging current. The technology operates on standard, un-modified lithium ion cells and optimizes battery performance throughout a mobile product’s lifetime.
FinSMEs
23/02/2016