Tech Company Financing Transactions
Twaice Funding Round
Twaice closed a $30 million investment round on 4/26/2022. Investors included Coatue Management and private investors.
Transaction Overview
Company Name
Announced On
4/26/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Coatue Management (Lead Investor)
private investors (Lip-Bu Tan)
Proceeds Purpose
The company intends to use the funds to further optimize its cloud analytics platform and expand its presence in Europe and North America, including growing its new Chicago-based office.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Joseph-Dollinger-Bogen 26
Munich, 80807
Germany
Munich, 80807
Germany
Phone
Undisclosed
Website
Email Address
Overview
TWAICE provides predictive analytics software that optimizes the development and operation of lithium-ion batteries. TWAICE's core technology is the digital twin -- a software that combines deep battery knowledge and artificial intelligence to determine the condition and predict battery aging and performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Baumann
Chief Executive Officer
Stephan Rohr
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