Twaice Overview

Founded 2017
Status Private
Employees 50
Latest Deal Type Series A
Latest Deal Amount $12.2M
Latest Deal Amount
Investors 8

Twaice General Information


Developer of a digital twin software designed to offer precise determination and prediction of battery health along the whole lifecycle in major industries. The company's software combines cloud technology with battery systems in cars for allowing users to analyze the condition of lithium-ion batteries in electric vehicles in real-time and to predict their lifetime, enabling battery manufacturers and integrators to improve their system configuration and validate their battery systems faster.

Contact Information

Formerly Known As
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Other Energy Services
Primary Office
  • Joseph-Dollinger-Bogen 26
  • 80807 Munich
  • Germany
+49 00000000000000

Twaice Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth
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Twaice Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Early Stage VC (Series A) 25-Mar-2020 $12.2M 000.00 0000 Completed Generating Revenue
5. Seed Round 29-May-2019 00.000 00.000 000.00 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2018 Completed Startup
3. Accelerator/Incubator Completed Startup
2. Accelerator/Incubator Completed Startup
1. Grant 01-Jan-2017 $78.9K Completed Startup

Twaice Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Greensmith Energy Formerly VC-backed Herndon, VA 00 000.00 000000&0 000.00
0000 Venture Capital-Backed San Francisco, CA 00 000.00 0000000000 0 000.00
00000000 000000000 Venture Capital-Backed San Francisco, CA 00 000.00 0000000000 0 000.00
0000000 Venture Capital-Backed Berkeley, CA 00 0000 00000000000 0000
000 000000 0000000 Private Equity-Backed Edison, NJ 00 000.00 000000000000 000.00

Twaice Executive Team (2)

Name Title Board Seat Contact Info
Michael Baumann Ph.D Co-Founder & Managing Director
Stephan Rohr Ph.D Co-Founder & Managing Director

Twaice Investors (8)

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Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Creandum Venture Capital Minority 000 0000 000000 0
Cherry Ventures Management Venture Capital Minority 000 0000 000000 0
Speedinvest Venture Capital Minority 000 0000 000000 0
Unternehmertum Venture Capital Partners Venture Capital Minority 000 0000 000000 0
EIT Climate-KIC Accelerator/Incubator Minority 000 0000 000000 0

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