Loading organizations...
§ Private Profile · London, United Kingdom
Develops physics-based battery management software for EVs & consumer electronics, optimizing performance, safety, and cost.
Breathe Battery Technologies is a London, England-based company that develops physics-based battery management software to optimize the performance, safety, and cost of electric vehicles and consumer electronics. The enterprise generates revenue by licensing its embedded software products, Breathe Charge and Breathe Life, which utilize adaptive charging to dynamically adjust currents and extract greater cycle life. Operating with an estimated 51 to 100 employees, the commercial organization generates approximately $11 million in annual revenue and maintains an estimated corporate valuation of $35.2 million. The firm has raised $21 million across two funding rounds, securing financial backing from recognizable entities including Speedinvest, Innovate UK, the Royal Academy of Engineering, and Creative Destruction Lab. The business was originally founded in 2019 as a technology spin-out from Imperial College London by Ian Campbell, Yan Zhao, and Greg Offer.
Breathe Battery Technologies has raised $33.0M across 3 funding rounds.
Breathe Battery Technologies has raised $33.0M in total across 3 funding rounds.
Breathe Battery Technologies is a battery software company that develops advanced physics-based battery management solutions to optimize performance, charging speed, and longevity for electric vehicles (EVs) and consumer electronics.[1][2][3][5] It serves OEMs in automotive and consumer sectors by providing a unified toolchain for battery design, simulation, parameterisation, validation, and embedded control, addressing issues like outdated software that leaves battery potential untapped.[1][4][5] The company solves core problems such as reduced battery life, slow charging, electronic waste, and air pollution through adaptive charging software like Breathe Charge, which dynamically optimizes processes while maintaining safety.[1][2][3] Growth momentum includes spinning out in 2019, securing first customers, deploying on 27+ OPPO smartphone models worldwide by 2022, raising $21M in further capital, and scaling technology readiness for production programs.[3]
Breathe Battery Technologies was founded in 2019 as a spin-out from Imperial College London by three doctorate-level researchers: Dr. Ian Campbell (CEO), Dr. Yan Zhao, and Professor Greg Offer, driven by frustration with insufficient investment in battery system performance and over-reliance on consulting models.[1][3][6] The idea emerged from their expertise—collectively over 211 years in battery engineering across 19+ PhDs—focusing on software to unlock electrode potentials via the novel PHI X2 model architecture, overcoming limitations of prior reduced-order modeling.[3][4][5] Early traction came from winning initial customers, deploying Breathe Charge on complex systems from smartphones to cars, and partnering with OPPO for adaptive charging in 27+ global models by May 2022, while industrializing labs and climbing the technology readiness level (TRL) scale.[3]
Breathe rides the global electrification trend, where surging demand for EVs and consumer devices strains legacy battery value chains, amplifying needs for efficient, sustainable power.[1][3][5] Timing is ideal amid pressures for faster charging, extended life, and reduced waste to combat air pollution and support net-zero goals, as batteries become central to daily life from smartphones to transport.[1][2][4] Market forces like tightening margins, consumer demands for premium performance, and regulatory pushes for sustainability favor Breathe's software, which cuts engineering time, costs, and risks while enabling class-leading systems.[5] It influences the ecosystem by accelerating OEM development, promoting software over hardware overhauls, and fostering a shift to intelligent, physics-driven batteries that lower electronic waste and enable cleaner energy transitions.[1][3]
Breathe is poised to expand its toolchain into more automotive OEMs and consumer brands, building on OPPO success and $21M raise to tackle early-stage design challenges and full value-chain industrialization.[3] Trends like AI-enhanced simulation, solid-state batteries, and circular economy mandates will amplify demand for its adaptive, validated software, potentially capturing royalties from billions of devices.[1][5] Its influence may evolve from niche innovator to industry standard-setter, as physics-based tools become essential for sustainable electrification—transforming frustration with battery limits into a world where everyone "Breathes" cleaner air through optimized power.[1][4]
Breathe Battery Technologies has raised $33.0M across 3 funding rounds. Most recently, it raised $21.0M Series B in May 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2025 | $21M Series B | Kinnevik | Sophie Bakalar, Lowercarbon Capital, Volvo Cars | Announced |
| Oct 6, 2023 | $10M Series A | Lowercarbon Capital | Speedinvest, TechCrunch | Announced |
| Dec 1, 2021 | $2M Seed | Rick HAO | Lowercarbon Capital, Redline Capital, Adrien Cohen, Paul Massara, Pete Hutton, Benno Jering, Peter Murphy, Caia | Announced |
Breathe Battery Technologies has raised $33.0M in total across 3 funding rounds.
Breathe Battery Technologies's investors include Kinnevik, Sophie Bakalar, Lowercarbon Capital, Volvo Cars, Speedinvest, TechCrunch, Rick Hao, Redline Capital, Adrien Cohen, Paul Massara, Pete Hutton, Benno Jering.