TWAICE

TWAICE Technologies, based in Munich, delivers AI-driven battery analytics for electric vehicles, energy storage, and manufacturing. Their advanced platform optimizes battery performance, extends lifespans, and reduces costs, supporting sustainable energy transitions.

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TWAICE Technologies, established in 2018 in Munich, is a specialized software company focusing on battery analytics solutions. The company develops advanced predictive analytics platforms that optimize battery performance across various industries, including electric vehicles, energy storage systems, and battery manufacturing. Through its innovative software solutions, TWAICE helps businesses maximize battery efficiency, extend operational lifespans, and reduce costs while supporting the transition to sustainable energy systems.

Founded by Stephan Rohr and Michael Baumann, TWAICE has grown into a significant player in the battery technology sector, serving major automotive manufacturers, energy providers, and utility companies worldwide. Their solutions combine artificial intelligence with extensive battery expertise to deliver actionable insights for better battery management.

Battery Technology

TWAICE’s core technology centers on its Battery Analytics Platform, which integrates sophisticated simulation models with real-time monitoring capabilities. The platform creates detailed digital representations of batteries, enabling precise predictions of performance and aging characteristics. This technology processes electrical, thermal, and aging data to provide comprehensive insights into battery behavior and health.

The company’s software suite includes several specialized tools: Health Monitoring & Analytics for tracking battery condition, Safety Monitoring & Analytics for risk assessment, Warranty Manager for lifecycle tracking, and Performance Manager for optimization. These applications help users understand complex battery systems and make informed decisions about their operation and maintenance.

A notable advancement is TWAICE’s recent development of simulation models for sodium-ion batteries, expanding their capabilities beyond traditional lithium-ion technology. This innovation allows operators to gain valuable insights into emerging battery technologies, supporting the industry’s diversification efforts.

Recent Projects

In recent months, TWAICE has established significant partnerships to enhance its market presence. The company collaborated with Element Materials Technology to strengthen battery testing capabilities in the United States, reducing cross-border shipping requirements and improving service delivery for North American clients.

TWAICE also introduced its Battery Quick Check service and expanded its simulation capabilities to include sodium-ion batteries, marking an important technological advancement in non-lithium battery analytics. The appointment of Jeff Glasson as Chief Technology Officer further strengthened the company’s technical leadership.

Investors

TWAICE has secured substantial financial backing through multiple funding rounds. The company’s initial seed funding of €3.2 million came from Unternehmertum Venture Capital Partners and Speedinvest. Following this, TWAICE raised €11 million in Series A funding led by Creandum. The company’s Series B funding, totaling $56 million, was led by Energize Ventures and Coatue, with additional participation from Lip-Bu Tan and existing investors.