The Venture Codex Logo

The Venture Codex

BorgWarner

3850 Hamlin Rd, Auburn Hills, MI, 48326, United States

Overview

BorgWarner is a global product leader in powertrain solutions. They focus on developing leading powertrain technologies that improve fuel economy, emissions and performance. Their facilities are located across the globe in order to provide local support of their diverse customer base.

Total investments
2
Lead investments
2
Investments · 12mo
0
Active investors
9

Sector focus

  • Automotive
  • Autonomous Vehicles
  • Manufacturing
  • Service Industry
Visit website

Investment portfolio

  • Qnovo

    Led · Series C · Jan 2022

    Qnovo provides physics-based, AI-enhanced software that delivers real-time insights into lithium-ion battery performance, enabling automakers and energy storage operators to maximize safety, lifespan, and residual value. The company’s platform offers a hardware-free architecture that digitally accounts for battery health with 98.7% accuracy in detecting potential safety issues. Qnovo’s technology has been validated over 2,000,000 km of vehicle road data and is already deployed in more than 200 million devices. Holding 60+ patents, Qnovo positions its software as a strategic differentiator for OEMs transitioning to software-defined electric mobility. Future plans include broader deployment across electric mobility, autonomous systems, and grid storage in partnership with global manufacturers such as Hyundai Motor and Kia. Financial details such as revenue were not disclosed in the article, but the company’s growing roster of strategic investors underscores market confidence in its solution.

  • Enexor BioEnergy

    Led · Series A · Aug 2021

    Enexor BioEnergy develops and manufactures patented Bio-CHP systems that convert almost any organic, plastic, or biomass waste into reliable, continuous power and thermal energy. The systems are modular, enclosed in a 20-foot custom shipping container, and designed for quick deployment and on-site mobilization. Enexor positions its technology to provide landfill diversion, generate carbon and plastic credits, and reduce greenhouse gas emissions while delivering immediate cost savings for customers. The company will use newly awarded funds to install Bio-CHP systems at a U.S. Army installation to improve energy resiliency and test feedstock feasibility. Planned pilot work includes site assessments, permitting, carbon credit validation and verification, and feedstock testing and feasibility studies. Enexor manufactures its systems at its headquarters in Franklin, Tenn., and has previously secured a Series A investment from BorgWarner and participation in multiple corporate and accelerator programs. Enexor Energy is a Halliburton Labs participant that develops on-site renewable energy and carbon conversion solutions. Its technology targets the world's organic waste and plastic waste problems by converting waste and providing renewable energy on site. The company is described as Houston-based in the article. Enexor secured a $10 million investment from BorgWarner. Founder and CEO Lee Jestings said the firm and BorgWarner share a passion for technological innovation and expect a fruitful partnership. The article does not disclose additional operating metrics, revenue, users, or prior funding details.

Team

  • Thomas Warner

    Founder

  • Steven G. Carlson

    VP & Controller (Principle Accounting Officer)

    LinkedIn
  • Joseph Gottlieb

    Engineering Director of EV Charging Systems

    LinkedIn
  • Craig Aaron

    Executive Vice President and CFO

    LinkedIn