Twaice

From guesswork to data-driven BESS operations

Munich, Germany · Founded 2018 · $38.1M raised

Headquarters
Munich
Employees
51–200
Founded
2018
Business Model
B2B
Website
twaice.com
Total Funding
$38.1M
Last Round
$26.0M Series BMay 2021
Rounds
2

About

TWAICE provides predictive battery analytics software purpose-built for battery energy storage system (BESS) asset managers and operations teams. Its platform enables operators to monitor battery health and degradation, detect safety-critical trends, track warranty KPIs, and optimize performance across utility-scale fleets. Customers include BMW, Audi, Mercedes-Benz, RWE, LG Energy Solution, and MN8 Energy. Founded in 2018 in Munich, TWAICE has been recognized by TechCrunch and named a finalist for multiple European clean energy awards.

Summary

Twaice is an Artificial Intelligence company based in Munich, Germany, founded in 2018. It has raised $38.1M in total across 2 rounds, most recently a $26.0M Series B round in May 2021. Investors include Energize Capital.

Tech & App Stack

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Funding History

Series BSeries BMay 2021
$26.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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