Breathe Battery Technologies ("Breathe"), a UK start-up, has partnered with Volvo Cars, which will see Breathe provide the latest version of its algorithm-enabled charging software for use on Volvo Cars’ new generation fully electric cars.
International legal practice Osborne Clarke advised Breathe on the investment by Volvo through its venture and growth capital team, led by Justin Starling who was supported by Sian Daly.
The collaboration will see Breathe's software integrated into Volvo Car's in-house developed battery management platform to reduce the time it takes to charge an electric Volvo from 10% to 80% state of charge by as much as 30%, while maintaining the same energy density and range.
The investment by Volvo Cars Tech Fund, Volvo's venture capital arm, will allow Breathe to continue building innovative technology to help transform the future of mobility and electrification.
Osborne Clarke previously advised Breathe on its Series A funding round led by Lowercarbon Capital.
Osborne Clarke's international venture capital team is a leading practice for companies operating in tech-enabled industries. From start-up through venture financing and the growth journey beyond, whether continuing to sale, IPO or international expansion, the team has an outstanding track record advising businesses, entrepreneurs and investors that are driving innovation. Osborne Clarke's dedicated resource centre, OC Ventures, brings together experts from across our international network to deliver a seamless service to clients throughout the ventures ecosystem.
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