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PRESS RELEASES
Featured
26 April 2022
New Funding
TWAICE, a battery analytics company that helps customers in mobility and energy grow safely and sustainably by enhancing the transparency and predictability of batteries, today revealed that it has secured $30 million in additional Series B financing led by global investment firm Coatue. The round extension, which includes personal investment from Lip-Bu Tan and participation from existing investors, builds on TWAICE’s $26 million Series B in May 2021 led by Energize Ventures.
25 April 2022
Project ‘Battery Pass’
A consortium of German world-class leaders and market drivers, from industry and science, is launching today the project ‘Battery Pass’. To celebrate the hand-over of the grant agreement to the consortium, the parliamentary state secretary of the Federal Ministry for Economic Affairs and Climate Action BMWK (BMWK), Michael Kellner, this morning invited consortium members and press into the ministry, followed by a hybrid press talk.
7 March 2022
Battery Quick Check Service
Good news for the e-vehicle market: Today marked the founding of Battery Quick Check GmbH, a new subsidiary of TÜV Rheinland, who will be working with its technology partner TWAICE over the coming months to establish the leading company for the independent evaluation of used traction batteries. Battery Quick Check GmbH will offer an independent and certified testing service for e-vehicle batteries from Autumn 2022.
3 February 2022
New CTO
Jeff Glasson swaps content creation software for battery analytics in move from Contentful to TWAICE.
27 January 2022
TWAICE Vision Conference
Battery analytics company TWAICE is to host its first industry conference on battery software, with a high-profile speaker line-up including Jeff Dahn and Gerard Reid.
20 January 2022
Savings in e-bus fleet management
More and more companies are recognizing the potential of real-time data analytics in electric vehicle fleet management. TWAICE and ViriCiti are now publishing a white paper on the range of services their predictive maintenance program can provide in terms of vehicle battery life and significant reduction in operating costs for e-bus fleets.
5 October 2021
VERBUND is using TWAICE´s analytics software
VERBUND, Austria’s leading energy company, is using TWAICE’s analytics software for battery-powered electricity storage applications. The TWAICE Operating Strategy Planner simulates the impact of different operating strategies on battery aging, giving storage operators an advantage in the volatile market of power generation and marketing. Predicting and evaluating battery aging through TWAICE’s analytics software also reduces the risk of violating warranty terms.
5 September 2021
Partnership with pepper
pepper motion GmbH is the first manufacturer worldwide to offer innovative solutions for the electrification of used and new commercial vehicles. TWAICE’s analytics software will make the battery performance and lifetime of electrified powertrains transparent and thus more sustainable. This provides pepper customers with unprecedented battery insights and enables optimal operation.
2 September 2021
Collaboration with Analog Devices
Battery analytics software expert TWAICE announced a collaboration with Analog Devices, Inc., a global semiconductor company and software solutions provider, to tackle the challenges of battery lifecycle optimization.
8 June 2021
New CSO for TWAICE
The battery analytics software company appoints Henning Bruestle as their new CSO.
19 May 2021
Series B Funding
Chicago-based Energize Ventures leads latest investment round. Their first investment into a software company in the battery space was driven by TWAICE’s strong trajectory and team within an accelerating market. The funds will fuel the expansion into international electric vehicle and energy markets.
31 March 2021
Operating Strategy Planner
Battery analytics software company TWAICE today announced its latest solution for the energy market: The Operating Strategy Planner for stationary energy storages. Amidst margin pressure, multi-use operation is becoming common place and understanding battery aging is crucial for financial success.
25 March 2021
New battery model library
Munich-based battery analytics company TWAICE has launched its new battery model library. Containing numerous cells of different chemistries and formats, the library makes obtaining validated cell aging simulation models significantly faster and increases the flexibility of licensing models. In addition, customers benefit from the holistic analytics platform that TWAICE offers for the entire lifecycle, of which the models are one building block.
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