TWAICE

TWAICE is a startup that has built analytics software to help with battery management in electric vehicles and other devices.

TWAICE supports enterprises across industries with digital twin-based predictive battery analytics software.

TWAICE was founded in June 2018 by Michael Baumann and Stephan Rohr. The company is headquartered in Munich, Bavaria, Germany.

TWAICE's mission is to make testing and operating of complex technical systems like batteries simple with the appropriate knowledge always being readily available.

TWAICE's innovative battery analytics software and service enables precise determination and prediction of battery health along the whole lifecycle in major industries. The company's clients benefit from cost optimized battery concepts, faster testing, increased lifetime and higher reliability. 

 

TWaICE merge software, machine learning and battery expert knowledge to permit simple and cost-effective battery development, testing and operation for our customers. The company's insights empower enterprises to drive their economic battery value during development, first and second use.

 

TWAICE is backed by Creandum, Cherry Ventures, UVC Partners and Speedinvest. The company raised €11M ($12M) in a Series A round on Mar 25, 2020. This brings Twaice's total funding to $14.2M to date.

 

 

  • Year founded: 2018
  • Funding Info: $14.2M over 22 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Munich
  • State: Bavaria
  • Country: Germany
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