# TWAICE Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/twaice-technologies

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.twaice.com/
- Total disclosed funding: $72M
- Latest round: Series B (Apr 7, 2022)
- Investors on record: 7

## About

Founded in 2018 and based in Munich, Germany, TWAICE Technologies GmbH develops an AI-based platform that provides battery data including on-demand reports and predictive diagnostics and simplifies battery testing to improve lifetime and prevent downtimes. The company serves fleet operators, battery and electric vehicle manufacturers. Michael Baumann and Stephan Rohr are the co-founders of the company. In February 2026, TWAICE Technologies GmbH raised EUR 24 million in venture funding from European Investment Bank.

The organization's products include a battery analytics platform, battery model library, development, fleet, and energy solutions. The company's predictive analytics software optimizes the development and operation of lithium-ion batteries. The cutting-edge battery analytics solution is to monitor, analyze and optimize batteries. TWAICE’s core technology is the digital twin – software that combines deep battery knowledge and artificial intelligence to determine the condition and predict battery aging and performance. The firm's customers include automotive giants Audi, Daimler, and Hero Motors alongside energy companies such as Verbund.

The company will use the February 2026 funding to accelerate product development and support international growth of its battery analytics platform.

## Funding rounds

- Series B, Apr 7, 2022, $30M — Creandum, Coatue Management, Speedinvest, Unternehmertum Venture Capital
- Series B, May 6, 2021, $26M — Creandum, MH Capital Partners, Speedinvest, Unternehmertum Venture Capital, Cherry Ventures, Energize Capital
- Series A, Mar 3, 2020, $12M — Creandum, MH Capital Partners, Speedinvest, Unternehmertum Venture Capital, Cherry Ventures
- Seed, Apr 17, 2019, $2.3M — MH Capital Partners, Speedinvest, Unternehmertum Venture Capital, Cherry Ventures
- Seed, Jul 5, 2018, $1.4M — Speedinvest, Unternehmertum Venture Capital

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed, Series A, Series B
- Unternehmertum Venture Capital (https://capitalatlas.ai/funds/unternehmertum-venture-capital) — Seed, Series A, Series B
- MH Capital Partners (https://capitalatlas.ai/funds/mh-capital-partners) — Seed, Series A, Series B
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed, Series A, Series B
- Creandum (https://capitalatlas.ai/funds/creandum) — Series A, Series B
- Energize Capital (https://capitalatlas.ai/funds/energize-capital) — Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B