About Twaice
Twaice is a company based in Munchen (Germany) founded in 2018 by Stephan Rohr and Michael Baumann. Twaice has raised $71.52 million across 7 funding rounds from investors including Speedinvest, EIC Fund and Coatue. The company has 58 employees. Twaice offers products and services including Health Monitoring & Analytics, Safety Monitoring & Analytics, Warranty Manager, Performance Manager, and Digital Commissioning. Twaice operates in a competitive market with competitors including Eatron, Ion Energy Labs, Electra Vehicles, ACCURE Battery Intelligence and Williams Advanced Engineering, among others.
- Headquarter Munchen, Germany
- Employees 58
- Founders Stephan Rohr, Michael Baumann
- SectorsTransportation, Automotive & LogisticsTechnology Energy & Utilities
- Email••••••••
- Phone•••• ••••
- Website twaice.com
- Social LinkedIn X Facebook Instagram
- Annual Revenue$1.53 M (USD)224as on Dec 31, 2022
- Net Profit-$12.56 M (USD)-84as on Dec 31, 2022
- EBITDA-$12.56 M (USD)-84as on Dec 31, 2022
- Total Equity Funding$71.52M (USD)
in 7 rounds
- Latest Funding Round$28.3M (USD), Debt – Venture
Feb 2026
- InvestorsSpeedinvest
& 8 more
- Employee Count58
Products & Services of Twaice
Twaice offers a comprehensive portfolio of products and services, including Health Monitoring & Analytics, Safety Monitoring & Analytics, Warranty Manager, Performance Manager, and Digital Commissioning.
Monitors battery health to detect issues and optimize performance.
Identifies safety risks in battery systems for proactive prevention.
Tracks warranty conditions to support dispute resolution and decisions.
Analyzes battery performance to improve availability and revenue.
Identifies and fixes issues during battery system deployment process.
Funding Insights of Twaice
Twaice has successfully raised a total of $71.52M across 7 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $28.3 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $71.52M
- Total Rounds 7
- Last Round Debt – Venture — $28.3M
- First Round $1.4M
(Sep 2018)
- Investors Count 9
All 7 funding rounds of Twaice with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $28.3M | Debt – Venture | – | – | |
| Jun 2022 | $2.31M | Grant | – | – | |
| Apr 2022 | $30M | Series B | – | Coatue | |
| May 2021 | $26M | Series B | – | Energize Capital | |
| Mar 2020 | $11.88M | Series A | – | Creandum | |
| May 2019 | $2.24M | Seed | – | Cherry Ventures | |
| Sep 2018 | $1.4M | Seed | – | – |
9 investors in total: 8 institutional and 1 angel.
Investors in Twaice
Twaice has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Speedinvest, EIC Fund and Coatue.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Provider of an investment platform for various stages | – | coatue.com | New York, United States | |
Venture capital investments and support services are offered to early-stage tech startups. | – | creandum.com | - | |
Provider of early-stage venture capital funding for European technology companies | – | cherry.vc | Berlin, Germany | |
Investments are directed toward enterprise software, mobility, and industrial technologies. | – | uvcpartners.com | Munich, Germany | |
Early-stage venture capital and startup acceleration are provided. | 2011 | speedinvest.com | Vienna, Austria | |
Venture capital is provided for climate software and sustainable innovations. | – | energizecap.com | Chicago, United States | |
- | – | eib.org | - | |
LT Lip-Bu Tan | - | – | unknown_044e0e703a6f43158 | - |
Investor details for Twaice
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Twaice
2 people are tracked at Twaice (2 in leadership); the tracked headcount is 58.
| Name | Role | Group |
|---|---|---|
Stephan Rohr | Co-Founder & Co-CEO | Leadership |
Michael Baumann | Co-Founder & Co-CEO | Leadership |
Complete people profiles for Twaice
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Twaice
3 dated milestones of Twaice across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Twaice is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Debt – Venture, of $28.3M.
Competitors of Twaice
Twaice operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eatron, Ion Energy Labs, Electra Vehicles, ACCURE Battery Intelligence and Williams Advanced Engineering, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eatron.com | 2017 | Warwick, United Kingdom | $15.06M | 28 | AI-enabled battery management and motion control systems are developed. | |
| ionenergy.co | 2016 | Mumbai, India | $6.16M | 102 | Battery intelligence platform for utility-scale energy storage systems is developed. | |
| electravehicles.com | 2015 | Boston, United States | $24.6M | 15 | Battery management systems for electric vehicles are developed and provided. | |
| accure.net | 2020 | Aachen, Germany | $34.53M | – | Provider of a software company that provides predictive battery analytics solutions to optimize the performance and safety of battery systems in energy storage, electric vehicles, and other industries | |
| wae.com | 2010 | Wantage, United Kingdom | – | 510 | Battery management systems for electric vehicles are provided. | |
| breathebatteries.com | 2019 | London, United Kingdom | $31M | 17 | Physics-based battery management software is developed for batteries. | |
| modoenergy.com | 2019 | Birmingham, United Kingdom | $20.29M | 21 | Platform for battery energy storage analysts | |
| brillpower.com | 2015 | Oxford, United Kingdom | $16.41M | 32 | Battery management systems are developed for modular lithium battery packs. |
Detailed competitors of Twaice
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Twaice
The website of Twaice (twaice.com) receives about 14.3K visits a month.
- Monthly visits14.3K
▼ 8.7% vs previous month
Latest news on Twaice
Complete news archive for Twaice
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Similar companies to Twaice
10 companies that operate in the same segment as Twaice (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Twaice
Twaice was founded in 2018.
Twaice is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Stephan Rohr is the current CEO of Twaice. They have also founded this company.
Twaice is a funded company, having raised a total of $71.52M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Sep 2018.
Twaice has 58 employees.
Annual revenue of Twaice is $1.53M as on Dec 31, 2022.
Twaice was founded in 2018 in Munich, Germany, as a provider of battery analytics solutions. Hardware and software systems are offered to track battery parameters via GSM and WiFi, integrating with cloud-based digital twins. Proprietary machine learning algorithms are used to build virtual battery models, predict behaviors, and support applications such as predictive diagnostics, virtual testing, and battery management systems in the energy storage sector.
Twaice's top competitors include Eatron, Modo Energy and Breathe Battery Technologies.
Twaice offers Health Monitoring & Analytics, Safety Monitoring & Analytics, Warranty Manager, Performance Manager, and Digital Commissioning.
Twaice has 9 investors. Key investors include Speedinvest, EIC Fund, Coatue, Lip-Bu Tan, and Creandum.