Welcome to TWAICE, welcome to re-thinking the world

We are a battery software platform company. We live and breathe to invent for a greener world. We blend our battery and domain expertise into digital solutions. We tee them up in the cloud for energy and mobility leaders to connect and collectively accelerate the transformation to a cleaner battery-powered world.

Decision-makers as a transformational force

At TWAICE we believe the transformation to a battery powered world will reach maximum impact when critical decision-making is backed-up by rock-solid data. No guessing or hoping!

Our mission is accelerate the transition to green energy and emission free mobility. Our technologies empower decision-makers through confidence in accurate data to be the driving force within the battery supercycle.

TWAICE engineer testing a battery
TWAICE graphic showing State of Charge utilization rate
We do
TWAICE Culture

Values plus behavior equals culture

Our values form our behavior and shape our We Do culture. They help us to achieve our mission and keep us focused along our journey.

We are curious innovators

We constantly challenge conventional thinking with creative ideas and innovative products. We never stop learning.

We are customer centric

We solve customer problems by putting them first and listening to their feedback.

We are givers, not takers

We inspire and support each other to succeed. We give back more than we take, fostering an environment for growth.

We are passionate about our work

We are proud of what we accomplish. We are relentless on
our mission and we succeed together.

We get things done, better and faster

We take responsibility. Naysayers just further fuel our ambitions. Giving up is never an option.

We think big, start small, and move fast

When we all work together on finding solutions to big challenges, then anything is possible.

Our culture unifies us, safeguards us, and helps us succeed. We do—for our customers, for our business partners, for each other, for our families, and for the planet.  We don’t just talk, we do.

Care first

They say that people don’t care what you know until they know that you care. At TWAICE we care first. It sets the baseline for everything we do. We are all on this journey together and we recognize the challenges and opportunities ahead. We must take care of each other to last the journey. Our We Do culture is what drives us forward, and our shared-spirit of care for each other binds us together along the way.

TWAICE employees sharing

Building a model company to re-think the world

Opportunities of magnitude only appear when technology causes quantum leaps in productivity and profitability. We are at such a historical inflexion point right now. The next ten years will decide how the Battery Supercycle is defined, and TWAICE is playing to win.

We are building a model company to go the journey, one that is measured by why people want to be associated with us. We are passionate about technology, we are natural problem solvers, and we all want be part of this historical and meaningful transformation with global impact. TWAICE people are changing the game and they recognize the scale of the opportunity. Come join our We Do culture and let’s get the job done together.

TWAICE founders
Our journey
2014
Michael Baumann and Stephan Rohr start their research into second life and lifetime of Li-ion batteries at the Technical University of Munich.
2016
Development of server-based battery health diagnostic logic and launch of research & development for a holistic platform.
2018
Incorporation of TWAICE Technologies GmbH. Seed funding with Unternehmertum Venture Capital Partners and Speedinvest.
2019
Seed Extension with Cherry Ventures and our existing investors Unternehmertum Venture Capital Partners and Speedinvest in response to the high market demand.
2020
€11 million Series A Funding with Swedish Investor Creandum based on two-digit customer base.
2021
$ 26 million Series B Funding with US-Investor Energize Ventures
2021
Opening of TWAICE battery research center and offices in Paris, France & Chicago, US.
2022
Founding of Battery Quick Check GmbH as a Joint Venture with TÜV Rheinland.
2022
$ 30 million Series B Funding increase with US-Investor Coatue.
Opinion

“What you are doing in the area of battery technology and artificial intelligence is exciting, thrilling, and makes you the winner. ”

Sebastian Thrun
Professor - Stanford University
Munich
HQ
Munich
Locations
3
Patents
30+
Team Size
120+
Collective Battery Experience
200+ years
Funding
$75m
2019
TÜV Rheinland and TWAICE test a solution for determining and forecasting the state of electric and hybrid vehicles.
2019
Management and IT Consultancy MHP (a Porsche company) and TWAICE form a partnership.
Customers along the entire battery value-chain will benefit from the combined competence of this expert team.
2019
Management Consultancy Bearing Point and TWAICE form a partnership. Customers along the
entire battery-value chain will benefit from combined competence of this expert team
2020
Munich Re provides the first performance warranty insurance for Li-ion batteries based on the monitoring and analytics of TWAICE. The solution is already deployed for stationary storage
provider Smart Power.
2021
Fleet management and telematics provider ViriCiti, now part of ChargePoint  and TWAICE form a partnership to integrate battery expertise into fleet management
2022
Fleet management software provider Sycada partners with TWAICE to offer their customers battery insights.

In greater partnership—forming the transformational ecosystem

At every layer of today's energy-intensive industries, innovative leaders are marching toward a common vision of lower emissions. As a result, the proclivity for solution integration, pooled investments, and resource sharing have never been stronger.

Memberships and recognitions