DIGITAL TWINS FOR THE FUTURE OF MOBILITY & ENERGY
We share one vision. We work for one goal. We aim to accelerate the transition to emission-free mobility and green energy supply. We are TWAICE.
OUR MISSION
We believe in a green future
Our mission is to simplify testing and operating of complex technical systems like batteries, with the appropriate knowledge always readily available. As the leading battery analytics software for global players in the mobility and energy sectors, TWAICE is committed to increasing the lifetime, efficiency and sustainability of the products that power the economy of tomorrow.
About us
Our strong academic roots help us grow our business sustainably
TWAICE provides predictive analytics software that optimizes the development and operation of lithium-ion batteries. TWAICE’s core technology is the digital twin – a software that combines deep battery knowledge and artificial intelligence to determine the condition and predict battery aging and performance. This makes complex battery systems more transparent, effective, and reliable.
The Founders – Dr. Stephan Rohr & Dr. Michael Baumann
TWAICE was founded in June 2018 by Dr. Michael Baumann and Dr. Stephan Rohr with the vision of leveraging digital twins to accelerate the transition to emission-free mobility and green energy.
The story so far
April 2020
Munich Re provides the first performance warranty insurance for Li-ion batteries based on the monitoring and analytics of TWAICE. The solution is already deployed for stationary storage provider Smart Power
March 2020
11 mn € Series A Funding with Swedish Investor Creandum based on two-digit customer base
March 2020
Management and IT Consultancy MHP (a Porsche company) and TWAICE form a strategic partnership. Customers along the entire battery value chain will benefit from the expert teams’ combined competence
November 2019
TÜV Rheinland cooperation to assess batteries: TÜV Rheinland and TWAICE test a solution for determining and forecasting the state of electric and hybrid vehicles
May 2019
Seed Extension with Cherry Ventures and our existing investors Unternehmertum Venture Capital Partners and Speedinvest in response to the high market demand
September 2018
Seed Funding with Unternehmertum Venture Capital Partners and Speedinvest
June 2018
Incorporation of TWAICE Technologies GmbH, move into occupation of new office and hiring of first employees
October 2017
Beginning of participation in several incubators and accelerators such as XPRENEURS (10/2017), Climate-KIC (10/2017), ESA-BIC (02/2018) and EXIST (05/2018) to launch spin-off process
January 2016
Development of server-based battery health diagnostic logic and launch of research & development for a holistic platform
May 2014
Michael Baumann and Stephan Rohr start their research into second life and lifetime of Li-ion batteries at the Technical University of Munich
Our Values
What we stand for
We are curious innovators
We constantly challenge the status quo and never stop learning. At the same time, we come up with creative ideas and solutions which we rapidly transform into innovative products.
We are curious innovators
We are customer centric
We are here to solve customer problems. We put our customers first and become experts by listening to their feedback.
We are customer centric
We are passionate about our work
We have a strong passion for what we do, and we are proud of what we accomplish. We are relentless and driven by our common vision and we take everybody around us along too.
We are passionate about our work
We think BIG and start small
We like big dreams, even though they are sometimes scary. Our approach is to break down a challenging idea into small slices and divide these out among the team. We then all work together on finding a solution. Anything is possible – the sky is the limit.
We think BIG and start small
We are givers, not takers
We aim to give back more than we take. We inspire, support and set people up for success. Because as our environment grows, so do we.
We are givers, not takers
We get things done, better and faster
We take responsibility and work hard to achieve our goals. Naysayers just fuel our ambitions even more. If an idea doesn’t work out, we iterate and improve. Backing down is never an option.
