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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 7
- Last Round Debt – Venture — $28.3M
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First Round
First Round
(18 Sep 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2026 | Amount | Debt – Venture - Twaice | Valuation |
investors |
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| Jun, 2022 | Amount | Grant - Twaice | Valuation |
investors |
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| Apr, 2022 | Amount | Series B - Twaice | Valuation | Coatue |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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Founded Year | Domain | Location | |
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Twaice
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Twaice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Twaice Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-enabled battery management and motion control systems are developed.
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| domain | founded_year | HQ Location |
Battery intelligence platform for utility-scale energy storage systems is developed.
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| domain | founded_year | HQ Location |
Battery management systems for electric vehicles are developed and provided.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Battery management systems for electric vehicles are provided.
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| domain | founded_year | HQ Location |
Physics-based battery management software is developed for batteries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Twaice
Frequently Asked Questions about Twaice
When was Twaice founded?
Twaice was founded in 2018.
Where is Twaice located?
Twaice is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of Twaice?
Stephan Rohr is the current CEO of Twaice. They have also founded this company.
Is Twaice a funded 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 Series B of $30M, raised on Sep 18, 2018.
How many employees does Twaice have?
As of Dec 31, 2023, the latest employee count at Twaice is 58.
What is the annual revenue of Twaice?
Annual revenue of Twaice is $1.53M as on Dec 31, 2022.
What does Twaice do?
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.
Who are the top competitors of Twaice?
Twaice's top competitors include Eatron, Modo Energy and Breathe Battery Technologies.
What products or services does Twaice offer?
Twaice offers Health Monitoring & Analytics, Safety Monitoring & Analytics, Warranty Manager, Performance Manager, and Digital Commissioning.
Who are Twaice's investors?
Twaice has 9 investors. Key investors include Speedinvest, EIC Fund, Coatue, Lip-Bu Tan, and Creandum.