Qnovo has developed software to increase battery performance, and will use the cash to support a commercial launch of smartphones using the technology.
Qnovo, a US-based software producer focused on increasing battery performance, has closed an $8.6m series B round featuring Intel Capital, the investment vehicle of semiconductor technology producer Intel.
The round also included venture capital firms BlueRun Ventures, which was spun out of communications technology provider Nokia in 2005, RockPort Capital and US Venture Partners.
Founded in 2010, Qnovo has developed software that increases the performance of batteries, bringing shorter charging times by automatically adapting current and voltage without impacting on…