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 as of December 31, 2023. 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 as on 31 Dec, 2023
- Founders Stephan Rohr, Michael Baumann
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Sectors
Transportation, Automotive & LogisticsTechnology Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
$1.53 M (USD)224as on Dec 31, 2022
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Net Profit
-$12.56 M (USD)-84as on Dec 31, 2022
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EBITDA
-$12.56 M (USD)-84as on Dec 31, 2022
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Total Equity Funding
$71.52 M (USD)
in 7 rounds
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Latest Funding Round
$28.3 M (USD), Debt – Venture
Feb 06, 2026
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Investors
Speedinvest
& 8 more
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Employee Count
58
as on Dec 31, 2023
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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.
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.
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Government agency and accelerator focusing on innovative startups and SMEs
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Provider of an investment platform for various stages
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Venture capital investments and support services are offered to early-stage tech startups.
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Investor details for Twaice
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Investments & Acquisitions by Twaice
Investment portfolio details for Twaice
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- Transaction dates
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Financial Statements - Twaice
Detailed financials for Twaice
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Twaice Comparisons
Peer comparison for Twaice
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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.
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AI-enabled battery management and motion control systems are developed.
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Battery intelligence platform for utility-scale energy storage systems is developed.
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Battery management systems for electric vehicles are developed and provided.
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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
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Battery management systems for electric vehicles are provided.
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Physics-based battery management software is developed for batteries.
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Detailed competitors of Twaice
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Latest news on Twaice
Complete news archive for Twaice
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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.
As of Dec 31, 2023, the latest employee count at Twaice is 58.
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.