Scottish battery management systems innovator Dukosi has secured £2 million in new investment funding, led by IP Group.
Dukosi has developed a battery management system (BMS) that collects, processes and stores data directly at the cell. Using wireless technology, the system transmits real-time information on cell performance to support master-level control of the battery pack. Dukosi’s technology is designed to reduce battery complexity, remove almost all data wiring, improve measurement accuracy and provide a history of each cell.
Following several years of R&D, Dukosi is readying for production of its chip-based solution. The company will use the new funding for the final development of its product, including multi-industry certification, and to expand its team in Edinburgh with new roles in electronics design, software, cell modelling and electrochemistry.
“We’ve had incredible feedback from our demonstrations to the industry,” said Dukosi Chairman Clive Scrivener. “Our technology resonates with stakeholders throughout the battery supply chain and with the users of battery packs. With this funding, we’re taking the next step to make our vision a reality and bring a new level of intelligence to batteries.”