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Whitepaper Battery Health Report
Autovista Group, TÜV Rheinland and TWAICE have teamed up to explore the potential impact of Battery Health Reports (BHR) on remarketing success of the battery electric vehicle (BEV) in a new whitepaper. Besides age and mileage, driver profile has a major impact on how long a battery lasts. In the absence of documentation of how a driver has treated the battery, residual value formation remains below its full potential.
Press Releases
May 13, 2020
Munich Re Partnership
Based on the monitoring and analytics of the TWAICE software, Munich Re has delivered a performance warranty insurance for lithium-ion batteries for the first time. The solution is already in place for stationary storage provider Smart Power.
March 25, 2020
Series A
Munich-based battery analytics software company TWAICE has raised an €11 million Series A round led by venture capital firm Creandum. Cherry Ventures, UVC Partners and Speedinvest already invested €3.2 million as part of an earlier seed round.
March 12, 2020
MHP Cooperation
Management and IT Consultancy MHP and TWAICE have formed a strategic partnership. Customers along the entire battery value chain will benefit from the expert teams’ combined competence.
November 6, 2019
TÜV Cooperation
Demand for assessments of electric vehicles is increasing. This, however, is currently almost impossible. TÜV Rheinland and the Munich-based start-up TWAICE are now working together to solve this problem.
June 28, 2019
TWAICE Anniversary
Successful financing rounds, employee boom, cooperations with global corporations: TWAICE has definitely outgrown the start-up phase on its first birthday!
May 29, 2019
Seed Extension
Munich-based startup TWAICE is increasing its seed financing to € 3.2 million to secure its rapid growth. Customer interest exceeds all expectations.
April 30, 2019
Science Forum Mobility
MHP, a Porsche Company, and TWAICE are presenting a joint paper about the optimization of charge management with digital twins on 23rd May 2019 at the Wissenschaftsforum Mobilität in Duisburg.
February 25, 2019
Research Cooperation bawaii
The Munich-based startup TWAICE cooperates with the Institute of Automotive Technology at the Technical University of Munich in the research project bawaii to improve predictive battery analytics with the application of artificial intelligence.
January 21, 2019
TWAICE Software
The Munich-based startup TWAICE ensures longer life and lower costs for modern energy storage devices with a digital twin.
September 18, 2018
Seed Funding
The Munich-based startup TWAICE Technologies develops digital twins for companies along the battery value chain and receives € 1.2 mn seed funding from lead investor Unternehmertum Venture Capital Partners and Speedinvest shortly after spinning off from TU Munich. The financing is intended to foster product development and to expand the team as well as to accelerate market entry.
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