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Qnovo - About the company

Qnovo is a series C company based in Milpitas (United States), founded in 2009 by Nadim Maluf. It operates as a Battery management software for the e-mobility sector. Qnovo has raised $40M in funding from investors like Sony Mobile, Intel Capital and USVP. The company has 382 active competitors, including 78 funded and 31 that have exited. Its top competitors include companies like Emo Energy, Forsee Power and Element Energy.

Company Details

Battery management software for the e-mobility sector The platform provides software that improves battery performance with patented adaptive fast charging algorithms to produce consumer, carrier, and mobile OEM benefits like thinner devices, faster charging, increased daily runtime, longer battery lifetime as well as lower-cost batteries and reduced return costs.
Website
qnovo.com
Social
X
Email ID
*****@qnovo.com
Phone Number
+1 **********
Registered Address
Newark, California
Key Metrics
Founded Year
2009
Location
Milpitas, United States
Stage
Series C
Total Funding
$40M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
32 as on Jun 30, 2026
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Qnovo's funding and investors

Qnovo has raised a total funding of $40M over 6 rounds. Its first funding round was on 2009. Its latest funding round was a Series C round on Mar 04, 2026 for $*****. 2 investors participated in its latest round. Qnovo has 14 institutional investors.

Here is the list of recent funding rounds of Qnovo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 04, 2026
3027802
Series C
2333122
5034057
5991528
9623249
Jan 11, 2022
8278575
Series C
6666764
4646329
3877615
Jun 08, 2016
4161856
Series B
6298883
8358469
4136462
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Qnovo's founders and board of directors

Founder? Claim Profile
The founders of Qnovo is Nadim Maluf. Nadim Maluf is the CEO of Qnovo.
Here are the details of Qnovo's key team members:

Qnovo's employee count trend

Qnovo has 32 employees as of Jun 26. Here is Qnovo's employee count trend over the years:
Employee count trend for Qnovo
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Qnovo's Competitors and alternates

Top competitors of Qnovo include Emo Energy, Forsee Power and Element Energy. Here is the list of Top 10 competitors of Qnovo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Emo Energy
Emo Energy
2022, Bengaluru (India), Series A
Provider of energy management systems integrating battery technology and charging hardware
$14.1M
67/100
2nd
Logo for Forsee Power
Forsee Power
2011, Paris (France), Public
Manufacturer of battery systems for electric vehicles and mobility applications
$143M
66/100
3rd
Logo for Element Energy
Element Energy
2009, Los Altos (United States), Series B
Technology for Battery Management Systems
$101M
62/100
4th
Logo for Verlume
Verlume
2013, Inverurie (United Kingdom), Series A
Manufacturer of subsea battery systems and intelligent energy management technology
$12.3M
62/100
5th
Logo for Twaice
Twaice
2018, Munich (Germany), Series B
Developer of battery energy storage analytics software for asset management
$71.5M
62/100
6th
Logo for Qnovo
Qnovo
2009, Milpitas (United States), Series C
Battery management software for the e-mobility sector
$40M
61/100
7th
Logo for Zitara
Zitara
2019, San Francisco (United States), Acquired
Provider of cloud based and embedded battery management software
$29M
61/100
8th
Physics-based battery management software
$31M
60/100
9th
Logo for Bacancy Systems
Bacancy Systems
2021, Ahmedabad (India), Series A
Embedded engineering and manufacturing solutions for IoT, healthcare, and e-mobility industries
$4.22M
59/100
10th
Logo for Brill Power
Brill Power
2015, Oxford (United Kingdom), Acquired
BMS for utilizing multiple types of lithium batteries to develop battery packs
$16.4M
58/100
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Qnovo's Investments and acquisitions

Qnovo has made no investments or acquisitions yet.

Reports related to Qnovo

Here is the latest report on Qnovo's sector:

News related to Qnovo

lockFilter this list
Media has covered Qnovo for a total of 4 events in the last 1 year, 2 of them have been about partnerships.
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