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TWAICE

Transportation · Berlin, Germany · Founded 2018

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 MoreLess

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.

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.

Keywords: Battery Technology, Data-Driven Decision Making, Operational Efficiency, KPIs, Lifecycle Costs, Emission Reduction, Revenue Opportunities, Battery Financing, Battery Insurance, Software Solution.

Company overview

TWAICE company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
Berlin, Germany
Employees
106
Open positions
2
Dealroom signal
64.9
sub industryEnergy Efficiencysub industryEnergy Storagesub industryMaintenancebusiness modelSaaSsectorPredictive AnalyticssectorLithium-Ion BatteriessectorBatterysectorCore AIsectorSpinoutsectorSustainable Development GoalssectorDigital TwinsectorEICsectorSpace TechsectorIndustrial Technology

Valuation & funding

TWAICE funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Feb 2026 $26M European Investment Bank
LATE VCOther financing Feb 2024 $0 Creandum · UVC Partners · Speedinvest · Energize Capital
SUPPORT PROGRAMOther financing Jan 2024 $0 EIT Climate KIC
SERIES BOther financing Apr 2022 $30M $120M Lip-Bu Tan · Coatue Management
GRANTOther financing Mar 2022 $2.2M European Innovation Council
SERIES BOther financing May 2021 Energize Capital
SERIES AOther financing Mar 2020 Speedinvest · Creandum · UVC Partners · Matthias Hilpert
SEEDOther financing May 2019 Speedinvest · Matthias Hilpert · Cherry Ventures · UVC Partners
SEEDOther financing Jun 2018 Speedinvest · UVC Partners
SUPPORT PROGRAMOther financing Jan 2018 ESA BIC Bavaria
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearEBITDAMargin
2026 −$6.8M
2025 −$6.8M
2024 −$6.8M
2023 −$6.8M
2022 −$6.8M
2021 −$6.8M
2020 −$4.5M
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

TWAICE website traffic

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.

Latest monthly visits12K 3-month web change-7.7% 1-year team growth-3.6%
Monthly website visits66 observations · Jan 2021–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

TWAICE compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

TWAICE's talent

Book a demo to see the people
Team profiled 27 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on TWAICE's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 5 investors entered at this stage
Speedinvest
UVC Partners
Cherry Ventures
Matthias Hilpert
European Innovation Council
Series A 4 investors entered at this stage
Creandum
Energize Capital
Coatue Management
Lip-Bu Tan
Series B+ 1 investor entered at this stage
European Investment Bank
Other known 3 additional known investors
EIT Climate KIC
ESA BIC Bavaria
Technical University Munich

Global footprint

Where TWAICE has talent and traffic

Workforce by country
8 countries with
team presence
🇩🇪 Germany81.9%
🇺🇸 United States8.4%
🇸🇪 Sweden2.4%
🇫🇷 France2.4%
🇫🇮 Finland1.2%
Top 5 of 8 shown

In the news

Latest news about TWAICE

Recent press, funding announcements, and product moves mentioning TWAICE — open to read from the original sources.

See all news

Market sentiment

What the market is saying about TWAICE

An AI-synthesized read of the highest-engagement posts about TWAICE on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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