About us

Welcome to TWAICE. Welcome to re-thinking the world.

We are a battery software platform company. We live and breathe to invent for a greener world. Supported with AI, we blend our battery and domain expertise into digital solutions. We tee them up in the cloud for energy and mobility leaders to connect and collectively accelerate the transformation to a cleaner battery-powered world.

TWAICE CEOs, Dr. Stephan Rohr and Dr. Michael Baumann

A vision for a market that is still evolving

We are a transformational climate tech leader on a mission to accelerate the transition to green energy and emission-free mobility.

Our technologies empower decision-makers through confidence in accurate data to be the driving force within the battery supercycle.

TWAICE was founded in 2018 by Stephan Rohr and Michael Baumann from a research project at the Technical University in Munich (TUM), venturing into an immature market.

Humble beginnings included a second life project for reusing EV batteries into stationary ESS, where health, safety and lifetime are mission critical, and our battery analytics provided essential insights.

With each battery and client experience we grew, earning a spot among Europe's top 50 fastest-growing tech companies and Reuters Startup of the Year in the Global Energy Transition Awards, among others.

Today, TWAICE is a global battery analytics leader with offices in three countries, over 140 employees, >5GWh BESS analyzed, 68+ projects portfolio with key players in the energy and mobility industries.

Our journey
2014
Michael Baumann and Stephan Rohr start their research into second life and lifetime of Li-ion batteries at the Technical University of Munich.
2016
Development of server-based battery health diagnostic logic and launch of research & development for a holistic platform.
2018
Incorporation of TWAICE Technologies GmbH. Seed funding with Unternehmertum Venture Capital Partners and Speedinvest.
2019
Seed Extension with Cherry Ventures and our existing investors Unternehmertum Venture Capital Partners and Speedinvest in response to the high market demand.
2020
€11 million Series A Funding with Swedish Investor Creandum based on two-digit customer base.
2021
$ 26 million Series B Funding with US-Investor Energize Ventures
2021
Opening of TWAICE battery research center and offices in Paris, France & Chicago, US.
2022
Founding of Battery Quick Check GmbH as a Joint Venture with TÜV Rheinland.
2022
$ 30 million Series B Funding increase with US-Investor Coatue.
Opinion

“What you are doing in the area of battery technology and artificial intelligence is exciting, thrilling, and makes you the winner. ”

Sebastian Thrun
Sebastian Thrun
Professor - Stanford University
Featured in the media
PV Magazine vector logoTechCrunch logo svgMashable Vector LogoTech EU vector logoElectrive vector logoAuto Futures vector logoHandelsblatt vector logo

It’s surprisingly difficult to understand the health and status of a battery without extensive and expensive testing, which isn’t always possible once a battery is in a vehicle. TWAICE has been taking aim at this problem since its founding in 2018.

TechCrunch

Care first

They say that people don’t care what you know until they know that you care. At TWAICE we care first. It sets the baseline for everything we do. We are all on this journey together and we recognize the challenges and opportunities ahead. We must take care of each other to last the journey. Our We Do culture is what drives us forward, and our shared-spirit of care for each other binds us together along the way.

Building a model company to re-think the world

Opportunities of magnitude only appear when technology causes quantum leaps in productivity and profitability. We are at such a historical inflexion point right now. The next ten years will decide how the Battery Supercycle is defined, and TWAICE is playing to win.

We are building a model company to go the journey, one that is measured by why people want to be associated with us. We are passionate about technology, we are natural problem solvers, and we all want to be part of this historical and meaningful transformation with global impact. TWAICE people are changing the game and they recognize the scale of the opportunity. Come join us and let’s get the job done together.

TWAICE founders
We do
TWAICE Culture

Values plus behavior equals culture

Our values form our behavior and shape our We Do culture. They help us to achieve our mission and keep us focused along our journey.

We name it & don't blame it

We comunicate honestly & constructively. We are nice to each other when calling out issues.

Passion powers our daily doing

We are united by the passion to save our planet. This is our driver to give our best every day... and we have fun doing it!

We embrace change
& stay curious

We keep an open mind and open heart.
Learning is our basis to charge ahead in an ever-changing world.

We are passionate about our work

We are proud of what we accomplish. We are relentless on
our mission and we succeed together.

Move forward - We've got your back!

We dare to leave our comfort zone. Make pragmatic decisions rather than analyzing every detail.
We will make mistakes and grow from them.

We empower people

We deeply care and make each other better. We listen, seeking understanding.

Our culture unifies us, safeguards us, and helps us succeed. We do—for our customers, for our business partners, for each other, for our families, and for the planet.  We don’t just talk, we do.

Munich
HQ
Munich
Street lights during night
Locations
3
Patents
30+
Team Size
140+
Collective Battery Experience
300+ years
Funding
$90m

Memberships and recognitions