ACCELERATING THE TRANSITION TO E-MOBILITY & GREEN ENERGY
Our predictive analytics software provides solutions for every stage of the battery lifecycle
OUR MISSION
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. ”
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
