Breathe lands $21M Series B to predict battery performance

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Few markets are moving as rapidly as China’s automotive sector. There, new models are rolled out in as little as 18 months, putting tremendous pressure on legacy Western automakers, which need four-plus years to go from concept to sales floor.

“With the increasingly short development cycles in China, it’s driving a huge amount of cost and time focus,” Ian Campbell, co-founder and CEO of Breathe Battery Technologies, told TechCrunch. “In both geographies, in the East — in China and Asia — and in the West as well.”

Much of that…



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Breathe lands $21M Series B to predict battery performance


Few markets are moving as rapidly as China’s automotive sector. There, new models are rolled out in as little as 18 months, putting tremendous pressure on legacy Western automakers, which need four-plus years to go from concept to sales floor.

“With the increasingly short development cycles in China, it’s driving a huge amount of cost and time focus,” Ian Campbell, co-founder and CEO of Breathe Battery Technologies, told TechCrunch. “In both geographies, in the East — in China and Asia — and in the West as well.”

Much of that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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