TWAICE
TWAICE is the data analytics platform for growing battery energy storage operators. We help companies run safer, more reliable, and more profitable BESS fleets with easy-to-use software that works across any vendor, technology, or market. Our cloud platform transforms raw battery data into real-time insights that cut downtime, prevent failures, and boost lifetime returns. Founded in 2018, TWAICE supports leading storage operators worldwide with software that accelerates the shift to a more sustainable, resilient energy grid. ✓ Manage your BESS portfolio on a dashboard ✓ Ensure safe operations by identifying and fixing safety-relevant trends in advance ✓ Improve system performance and availability to maximize revenue TWAICE has raised over $90MM funding from leading investors (Coatue, Energize Ventures, Creandum, Cherry, Speedinvest, UVC) and supports major clients from the energy storage industry like InterEnergy, RWE, BW ESS, Grupo Energy, Verbund, Fullmark Energy, MN8 and many more.
Overview
TWAICE is a battery company developing analytics software that addresses the transparency and predictability of batteries. The company provides predictive analytics software that optimizes the development and operation of lithium-ion batteries. Its core technology is the digital twin - software that combines deep battery knowledge and artificial intelligence to determine the condition and predict the aging and performance of batteries. This makes complex battery systems more transparent, effective, and reliable.
Tech Stack
Funding History
Seed Round
$1.4M
Sep 2018
Seed Round
$2.2M
May 2019
Matthias Hilpert
Series A
$12.0M
Mar 2020
UVC Partners, Matthias Hilpert, Cherry Ventures +2
Series B
$25.9M
May 2021
Energize Capital
Series B
$30.0M
Apr 2022
Lip-Bu Tan, Hedonova, Coatue