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Helping you generate the value of a lifetime

Our predictive analytics software increase the lifetime, efficiency and sustainability of batteries.TWAICE provides the best access and solutions for optimized development and operation of lithium-ion batteries, independent of battery or product manufacturers.​

About us

Cutting-edge software for sustainable business growth

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.

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

Sebastian Thrun Professor // Stanford University

The TWAICE timeline

April 2022

30 mn US-$ funding led by US investor COATUE

March 2022

Battery Quick Check Service GmbH, a new subsidiary of TÜV Rheinland, will be working with technology from TWAICE

January 2022

TWAICE Vision Conference with over 1000 subscribers and over 11 speakers. Among them Jeff Dahn and Gerard Reid

May 2021

26 mn US-$ Series B Funding with US-Investor Energize Ventures

December 2020

Official opening of on-premise battery lab facilities by Bavarian Minister for the Economy, Hubert Aiwanger

November 2020

Fleet management and telematics provider ViriCiti and TWAICE form a partnership to integrate battery expertise into fleet management

August 2020

Management Consultancy Bearing Point and TWAICE form a partnership. Customers along the entire battery value chain will benefit from the expert teams’ combined competence

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 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

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

Memberships & recognitions