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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 105 employees Unknown Total: $89.50M

General Information

Company Name TWAICE
Founded Year 2018
Location Germany Germany +2
Employees 105
Funding Stage Unknown
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AI Insight

Bounce Watch AI
2 months ago

TWAICE is demonstrating significant strategic momentum, securing €25M in debt financing and rapidly expanding its global footprint across Europe, the US, and Asia. This strong growth, marked by an increase to over 100 employees, is further validated by a major customer win with BayWa r.e. for a large-scale BESS project. Complementing this market penetration, recent product enhancements, including new role-based dashboards, signal robust scaling and a fortified position in the battery analytics market.

Signal Types
Funding Expansion Business Deal Product Launch Hiring
Strategic Labels
Global Market Expansion Enterprise Customer Acquisition Product Development
Next Move: Hiring
·
Impact: 9/10
·
Ideal For: Growth Stage Energy Tech Investors

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.

Taxonomy: 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 •••••• 1 •••• •••• 01 Feb 2026
Support Program •••••• 4
Investor Investor Investor
•••• •••• 		01 Feb 2024
Grant •••••• 2
Investor
•••• •••• 		01 Apr 2022
Series B •••••• 1 •••• •••• 01 May 2021
Series A •••••• 5
Investor Investor Investor Investor
•••• •••• 		01 Mar 2020

View All 8 Funding Rounds

TWAICE Alternatives & Competitors

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TWAICE vs
green flexibility
green flexibility Germany

Battery storage for a reliable & economical energy future. MORE THAN ENERGY. WE DELIVER STABILITY.

Unknown
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TWAICE vs
Storlytics Energy Storage
Storlytics Energy Storage United States

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Compare TWAICE vs Storlytics Energy Storage
TWAICE vs
TESVOLT AG
TESVOLT AG Germany

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Also compare with: TWAICE vs NarrativeWave NarrativeWave TWAICE vs ACCURE Battery Intelligence ACCURE Battery Intelligence View all alternatives

FAQ About TWAICE

Eliminate guesswork ​in BESS operations with data analytics.
TWAICE was founded in 2018.
TWAICE is headquartered in Germany.
TWAICE has approximately 105 employees.
TWAICE has completed 8 funding rounds, raising a total of $89.50M. The latest funding stage is Unknown.
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 green flexibility, Storlytics Energy Storage, TESVOLT AG, NarrativeWave, 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 green flexibility 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.

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