TWAICE Secures EIB Financing for Battery Analytics
Analysis based on 9 articles · First reported Feb 05, 2026 · Last updated Feb 06, 2026
The financing for TWAICE is expected to positively impact the renewable energy and electric vehicle sectors by accelerating the development and deployment of advanced battery analytics. This will lead to more efficient and reliable battery storage solutions, supporting Europe's clean energy transition.
TWAICE, a Munich-based battery software company, has secured €24 million in long-term venture debt financing from the European Union===European Investment Bank (EIB), backed by the European Union===InvestEU programme. This funding will enable TWAICE to scale up its predictive battery analytics technology, which is crucial for improving performance, prolonging lifespan, and reducing costs in both battery energy storage and electric vehicle sectors. The company, co-founded by Stephan Rohr and Michael Baumann, aims to accelerate product development and expand its global customer deployments. This investment underscores Europe's commitment to technological leadership in clean energy and decarbonization.
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