{"id":81999,"date":"2022-04-28T12:25:00","date_gmt":"2022-04-28T10:25:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=81999"},"modified":"2022-04-28T09:46:45","modified_gmt":"2022-04-28T07:46:45","slug":"twaice-secures-28-million-euros","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/81999\/twaice-secures-28-million-euros\/","title":{"rendered":"Twaice secures 28 million euros"},"content":{"rendered":"
\n

The fresh funds will be used to optimize the cloud analytics platform and expand the company's locations in Europe and North America. Twaice currently operates offices in Munich, Courbevoie near Paris, and Chicago. Most recently, in May 2021, the Munich-based company acquired a Series B round 21 million euros<\/a> (26 million dollars).<\/p>\n\n\n\n

Twaice's technology provides insights into battery aging and allows predictions of future battery performance. It aims to improve the transparency and predictability of battery performance and lifespan.<\/p>\n\n\n\n

Twaice: \u201cWe owe these recent successes to our strong team\u201d<\/h2>\n\n\n\n

Twaice has increased its sales by around 250 percent since May 2021. The company's customers include Company<\/a> According to its own statements, it includes \u201cmore than five of the world\u2019s leading car manufacturers as well as several major developers and operators of storage facilities for renewable energies\u201d.<\/p>\n\n\n\n

\u201cWe are building the world\u2019s most comprehensive platform for predictive battery analytics, available to all companies driving the transition to a cleaner and greener world,\u201d<\/p><\/blockquote>\n\n\n\n

says Stephan Rohr<\/strong>, Co-CEO and founder of Twaice. The second Co-CEO and founder Michael Baumann <\/strong>says:<\/p>\n\n\n\n

"Over the past year, we have significantly expanded our customer base in the mobility and energy sectors, established new business areas for bus and commercial fleet operators, and developed a new product offering for residual value certification of electric vehicles. We owe these recent successes to our strong team at Twaice and the support of all our investors."<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"

New York-based investor Coatue, entrepreneur Lip-Bu Tan, and existing investors such as UVC Partners are investing \u20ac28 million ($30 million) in Twaice. The Munich-based battery analytics startup has thus raised a total of \u20ac71 million ($75 million) to date.<\/p>","protected":false},"author":26,"featured_media":73232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[52,2171,3329],"acf":[],"yoast_head":"\nTwaice sichert sich 28 Millionen Euro - Munich Startup<\/title>\n<meta name=\"description\" content=\"Der New Yorker Geldgeber Coatue, der Unternehmer Lip-Bu Tan sowie bisherige Investoren investieren 28 Millionen Euro in Twaice.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/81999\/twaice-secures-28-million-euros\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Twaice 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