The European Investment Bank (EIB) has provided €24 million in long-term venture debt financing to TWAICE, supporting the company’s expansion of predictive battery analytics across Europe’s energy storage and electric mobility sectors. Backed by the InvestEU programme, the financing will accelerate TWAICE’s ability to deliver data-driven solutions that enhance battery performance, safety and lifetime for grid-scale storage systems and electric vehicles.
TWAICE applies real-time and historical data to forecast battery degradation, optimize operational parameters and streamline maintenance workflows. These analytics help operators anticipate issues, reduce manual effort and improve total cost of ownership.
Dr. Stephan Rohr, Co-CEO of TWAICE, noted that scaling battery fleets requires equally scalable operations: “Built on deep battery expertise, we help teams improve performance and profitability while reducing manual effort.”
Nicola Beer, Vice President of the EIB, emphasized the strategic importance of advanced battery analytics: “Batteries sit at the heart of Europe’s clean energy future—powering electric mobility, stabilizing grids with renewable energy and making our energy systems more resilient. By backing TWAICE, we reinforce Europe’s technological leadership and support smarter, more efficient use of clean energy.”
As renewable power generation grows, battery energy storage system (BESS) deployments are rising sharply, creating operational challenges around safety, availability and returns. According to TWAICE’s recent BESS Pros Survey, 45 percent of operators face unexpected on-site issues at least monthly. TWAICE’s platform addresses these challenges with real-time decision support, predictive maintenance and automated reporting, delivering an average 5 percent improvement in recoverable energy and reducing analyst time per asset by up to 90 percent.
Alongside its core analytics platform, TWAICE’s Battery Experts unit collaborates with leading cell manufacturers and electric vehicle OEMs to integrate insights into product development—from cell design to in-field performance. The new EIB funding will fuel further product innovation and global customer rollouts as the company’s BESS services nearly tripled in 2025 in response to surging demand for proactive, data-driven battery operations.
Source: European Investment Bank
