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

Cutting edge technology 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.

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.

We get things done, better and faster

WEBINARAssessment of battery conditions in electric vehicles

Wednesday, 28 October 2020, 10:00 a.m. - 11:00 a.m CET