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Based on the monitoring and analytics of the TWAICE software, Munich Re has delivered a performance warranty insurance for lithium-ion batteries for the first time. The solution is already in place for stationary storage provider Smart Power.

Munich Re Partnership

Based on the monitoring and analytics of the TWAICE software, Munich Re has delivered a performance warranty insurance for lithium-ion batteries for the first time. The solution is already in place for stationary storage provider Smart Power.
Munich-based battery analytics software company TWAICE has raised an €11 million Series A round led by venture capital firm Creandum. Cherry Ventures, UVC Partners and Speedinvest already invested €3.2 million as part of an earlier seed round.

Series A

Munich-based battery analytics software company TWAICE has raised an €11 million Series A round led by venture capital firm Creandum. Cherry Ventures, UVC Partners and Speedinvest already invested €3.2 million as part of an earlier seed round.
Management and IT Consultancy MHP and TWAICE have formed a strategic partnership. Customers along the entire battery value chain will benefit from the expert teams’ combined competence.

MHP Cooperation

Management and IT Consultancy MHP and TWAICE have formed a strategic partnership. Customers along the entire battery value chain will benefit from the expert teams’ combined competence.
Demand for assessments of electric vehicles is increasing. This, however, is currently almost impossible. TĂśV Rheinland and the Munich-based start-up TWAICE are now working together to solve this problem.

TĂśV Cooperation

Demand for assessments of electric vehicles is increasing. This, however, is currently almost impossible. TĂśV Rheinland and the Munich-based start-up TWAICE are now working together to solve this problem.
Successful financing rounds, employee boom, cooperations with global corporations: TWAICE has definitely outgrown the start-up phase on its first birthday!

TWAICE Anniversary

Successful financing rounds, employee boom, cooperations with global corporations: TWAICE has definitely outgrown the start-up phase on its first birthday!
Munich-based startup TWAICE is increasing its seed financing to € 3.2 million to secure its rapid growth. Customer interest exceeds all expectations.

Seed Extension

Munich-based startup TWAICE is increasing its seed financing to € 3.2 million to secure its rapid growth. Customer interest exceeds all expectations.