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TWAICE
TWAICE provides predictive analytics software for lithium-ion batteries. Digital twin is TWAICE's key technology, combining battery knowledge and AI. It simplifies and improves complex battery system
About TWAICE
TWAICE is a startup that operates in the battery technology sector, providing a unique software solution that allows stakeholders to access and analyze data from batteries. This data-driven approach enables better decision-making in various areas such as engineering, production, operations, and finance. The company's primary clients include battery engineers, data scientists, technical management, operations management, sales, post-sales, asset management, and corporate social responsibility stakeholders.
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TWAICE's software is designed to optimize the efficiency, performance, and safety of batteries. It provides key performance indicators (KPIs) that help in optimizing operational output, tracking warranties, reducing emissions, and identifying new revenue opportunities. The software also provides valuable insights that can help in optimizing battery systems financing, insurance, lifecycle costs, and resale values.
The company's business model is based on providing a software solution that can be used across the entire value chain of battery technology. This includes the design and building of batteries, their operation and management, and their financial aspects. By providing a single source of truth about the battery's performance, TWAICE helps its clients save time and money, and make more informed decisions.
TWAICE makes money by selling its software solution to clients who are involved in the battery technology sector. The company's software is not only beneficial for those who design and build batteries but also for those who manage and finance them.
At a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Berlin, Germany
- Employees
- 106
- Open positions
- 2
- Dealroom signal
- 64.9/100
- Sub-industry
- Energy Efficiency, Energy Storage, Maintenance
- Sector
- Transportation, Predictive Analytics, Lithium-Ion Batteries, Battery, Core AI, Spinout, Sustainable Development Goals, Digital Twin, EIC, Space Tech, Industrial Technology
- Business model
- SaaS
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Feb 2026 | $26M | — | European Investment Bank | ↗ |
| LATE VCOther financing | Feb 2024 | $0 | — | Creandum · UVC Partners · Speedinvest · Energize Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for TWAICE is 12K monthly website visits, down 7.7% over the last three months. TWAICE's team declined 3.6% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Speedinvest
UVC Partners
Cherry Ventures
Matthias Hilpert
European Innovation Council
Series A4 investors entered at this stage
Creandum
Energize Capital
Coatue Management
Lip-Bu Tan
Series B and later1 investor entered at this stage
European Investment Bank
Other known investors3 additional known investors
EIT Climate KIC
ESA BIC Bavaria
Technical University Munich
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about TWAICE on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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