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TWAICE logo — Eliminate guesswork ​in BESS operations with data analytics....

TWAICE

Eliminate guesswork ​in BESS operations with data analytics.

Founded 2018 Germany Germany 100 employees Total: $89.50M

General Information

Company Name TWAICE
Founded Year 2018
Location Germany Germany
Employees 100
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Offices as of Sep 2026
Munich, Germany Chicago, United States

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About TWAICE

TWAICE is redefining the landscape for battery energy storage systems (BESS) through its advanced data analytics platform, promising to eliminate guesswork in BESS operations. Founded in 2018 and headquartered in Germany, TWAICE offers a comprehensive solution that transforms raw battery data into actionable insights, thereby enhancing the safety, reliability, and profitability of BESS fleets across various markets and technologies.

The company's cloud-based platform allows operators to manage their portfolios effectively, anticipate and resolve potential safety issues, and maximize system performance, ultimately accelerating the transition to a sustainable and resilient energy grid. With a track record of supporting major clients like InterEnergy, RWE, and Verbund, TWAICE is well-positioned within the energy storage industry.

Having secured over $90MM in funding from leading investors such as Coatue and Creandum, TWAICE's recent €24.00M debt financing from the European Investment Bank underscores its robust financial backing and growth potential.

Business keywords: Battery Energy Storage Systems (BESS), Predictive Analytics, Battery Digital Twin, Lithium-ion Battery Optimization, Battery Lifecycle Management, Energy Grid Resilience, Battery System Performance, Battery Safety Management, Cloud Software Platform, Battery Performance Prediction, Battery Aging Analysis, Renewable Energy Storage, Battery Reliability Solutions, Battery Management Dashboard

Services & Products

Battery Health and Safety Monitoring
Warranty and Performance Management
Data Analytics for BESS Operations
Asset Management and Reporting
Digital Commissioning of BESS

Target Customers

Battery Energy Storage System Operators Asset Managers Utilities Independent Power Producers Automotive OEMs Battery Manufacturers Engineering and Operations Teams

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €24.00M 1
European Investment Bank
01 Feb 2026
Support Program Undisclosed 4
Speedinvest, UVC Partners +2
01 Feb 2024
Grant $30.00M 2
Coatue, Lip-Bu Tan
01 Apr 2022
Series B €21.30M 1
Energize Capital
01 May 2021
Series A €11.00M 5
Cherry Ventures, Speedinvest +3
01 Mar 2020
Seed €2.00M 4
Cherry Ventures, Speedinvest +2
01 May 2019
Seed €1.20M 2
Speedinvest, UVC Partners
01 Jun 2018
Support Program Undisclosed 1
Technical University Munich
01 Jan 2018

TWAICE Alternatives & Competitors

TWAICE vs

Get your batteries earning what they were built to deliver.

Series B
84 employees
AI, Analytics

FAQ About TWAICE

Eliminate guesswork ​in BESS operations with data analytics.
TWAICE was founded in 2018.
TWAICE is headquartered in Germany. As of Sep 2026, it also has offices in Munich, Germany and Chicago, United States.
TWAICE has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
TWAICE has approximately 100 employees.
TWAICE has completed 8 funding rounds, raising a total of $89.50M.
TWAICE offers: Battery Health and Safety Monitoring, Warranty and Performance Management, Data Analytics for BESS Operations, Asset Management and Reporting, Digital Commissioning of BESS.
Top alternatives and competitors to TWAICE include ACCURE Battery Intelligence. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TWAICE and ACCURE Battery Intelligence are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TWAICE, https://bouncewatch.com/company/twaice-technologies, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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