Tech Company Financing Transactions
Twaice Funding Round
On 5/20/2021, Twaice raised $26 million in Series B funding from Energize Ventures and private investors.
Transaction Overview
Company Name
Announced On
5/20/2021
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series B
Investors
Energize Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand the analytics platform and accelerate international expansion.
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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