Breathe Battery Technology, the London-based supplier of physics-based battery management software, has strengthened its organisation by appointing Laurent Cordonnier as Chief Financial Officer. Cordonnier joins from Native Instruments and Deezer, two private-equity-backed technology companies, to spearhead a period of rapid expansion at Breathe, which recently hit the headlines by announcing a partnership with Swedish Volvo Cars.
Dr Ian Campbell, Co-founder and Chief Executive Officer, Breathe said: “We are delighted that Laurent has chosen to join Breathe as our CFO. We set out to make batteries better and his wealth of experience has found fertile ground here as we expand our production programs and further invest in technologies.”
CFO Cordonnier will play a central role in the organisation. In his previous position he worked to drive revenue growth, while also leading successful capital raises. Breathe said that his experience at Native Instruments, which blends software, hardware and creativity to create experiences, positions him perfectly to drive similar outcomes for Breathe. Prior to that, Cordonnier was an investor at Access Industries and an investment banking associate at Morgan Stanley.
As CFO of Breathe he is set to play a fundamental role as the company continues its expansion in response to intense demand. The embedded software products, Breathe Charge and Breathe Life, use adaptive charging to dynamically adjust the current across both the state-of-charge and state-of-health windows, indicating the ideal current at every moment. They extract more performance from existing batteries to deliver faster charging, greater cycle life with no compromise on safety.
Cordonnier’s appointment also comes off the back of recent investment from Volvo Cars Tech Fund in March and a $10 million series-A led by Lowercarbon Capital, one of the world’s largest climate tech investors, with participation from Speedinvest, who led Breathe’s seed round in 2019.