TWAICE, a Munich-based leader in battery analytics software, has secured a significant $28.3 million financing package from the European Investment Bank (EIB). This strategic investment is earmarked to scale the company's predictive analytics platform, a critical tool for advancing Europe's transition to renewable energy. The funding will bolster TWAICE's capacity to meet the rising demand for sophisticated battery management in the electric vehicle and energy storage sectors.
Addressing the Growing Demand for Battery Analytics
The rapid electrification of transport and energy grids has created an urgent need for advanced battery management solutions. As the deployment of battery energy storage systems (BESS) accelerates to support solar and wind power, operators face new operational hurdles. They must manage expanding asset fleets with limited resources while safeguarding safety, availability, and financial returns.
The Role of Predictive Analytics in Energy Storage
TWAICE's platform leverages predictive analytics to help developers and operators overcome these challenges by anticipating degradation and optimizing performance. By analyzing vast amounts of real-time and historical data, the technology extends battery lifespan and reduces the total cost of ownership. This data-driven approach accelerates innovation in cell design and control software, bringing better batteries to market faster.
The tangible impact of this technology is significant for operators, who report substantial improvements in efficiency and productivity. Across its customer deployments, TWAICE has delivered an average five percent increase in recoverable energy from battery assets. Furthermore, its automated reporting and workflows have reduced the time analysts spend per asset by up to ninety percent.
A Strategic Investment for European Leadership
The EIB's financing, provided as a long-term venture debt loan under the InvestEU programme, underscores the strategic importance of battery technology. EIB Vice President Nicola Beer highlighted that batteries are central to Europe's clean energy future, enabling electric mobility and stabilizing renewable-powered grids. This investment reinforces Europe's technological leadership and supports the smarter use of clean energy across the economy.
This funding is part of the EIB's broader commitment to fostering breakthrough technologies that drive decarbonisation and enhance energy independence. By backing TWAICE, the bank aims to help scale high-performing battery solutions both in Europe and globally. The InvestEU programme itself is designed to leverage public funds to mobilize private investment for key European Union priorities.
TWAICE's Vision for Global Expansion
With this new capital, TWAICE plans to accelerate its product development and expand its global customer deployments. The company's BESS business nearly tripled in 2025, reflecting a clear market shift from reactive troubleshooting to proactive, data-driven operations. This investment will fuel further growth and innovation in response to increasing industry demand for scalable operational solutions.
Co-CEO Dr. Stephan Rohr stated that the financing will help accelerate the company's already impressive growth trajectory. Founded in 2018, TWAICE provides operations-grade analytics that support real-time decision-making and predictive maintenance for a growing list of clients. The company's mission is to empower teams to improve performance and profitability while reducing manual effort.
This $28.3 million investment from the EIB is a powerful endorsement of TWAICE's pivotal role in the battery technology landscape. It not only provides the company with the resources for global expansion but also strengthens Europe's position in the critical field of energy storage. Ultimately, this partnership represents a significant step toward building a more efficient, resilient, and sustainable energy system for the future.