TWAICE Revenue and Competitors

Munich, USA

Location

N/A

Total Funding

Analytics

Industry

Estimated Revenue & Valuation

  • TWAICE's estimated annual revenue is currently $23.1M per year.(i)
  • TWAICE's estimated revenue per employee is $154,000

Employee Data

  • TWAICE has 150 Employees.(i)
  • TWAICE grew their employee count by 22% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$12.6M90-36%$14.1MN/A
#2
$83.2M468-3%$251MN/A
#3
$14M1001%N/AN/A
#4
$14.6M0N/A$12.5MN/A
#5
$30.3M197-6%N/AN/A
#6
$0.1M6-25%$2.6MN/A
#7
$45.1M2932%N/AN/A
#8
$4.8M43-7%N/AN/A
#9
$399.3M203740%N/AN/A
#10
$44M2864%N/AN/A
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What Is TWAICE?

TWAICE supports enterprises across industries with digital twin-based predictive battery analytics software. We empower our customers to develop and use battery systems more efficiently and sustainably while making them more reliable and durable. Precise predictions of battery conditions and aging significantly optimize battery development and use. Exact determination of current condition also enables certification of batteries for reuse and 2nd life. TWAICE was founded in 2018 as a spin-off from Technical University of Munich and is headquartered in Munich. For more information, visit www.twaice.com.

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Total Funding

150

Number of Employees

$23.1M

Revenue (est)

22%

Employee Growth %

N/A

Valuation

N/A

Accelerator

TWAICE News

2022-04-20 - dynamic pricing in Ontario, Yotta & TWAICE funding

Ontario to trial dynamic electricity pricing for all 50kW-plus consumers · Battery analytics firm TWAICE raises US$30 million Series B extension.

2022-04-19 - Battery analytics platform TWAICE announces $30m funding ...

TWAICE, a battery analytics company, has secured $30 million in additional Series B financing led by global investment firm Coatue.

2022-04-17 - Twaice closes $30 million financing round

The battery analytics company Twaice has secured additional Series B funding of 30 million US dollars from investor Coatue and existing...

2021-09-02 - Twaice & Analog Devices launch cooperation

The Munich-based battery analytics specialist Twaice is cooperating with Analog Devices, a global semiconductor company and provider of software solutions. The aim of the cooperation is to provide a holistic lifecycle solution for car manufacturers with integrated hardware and software. Until n ...

2021-05-20 - Battery analytics startup Twaice picks up $26M

Twaice, which offers battery analytics software, has raised a $26 million Series B led by Energize Ventures. The company will use the funding for product development and international expansion. It secured an €11 million Series A in 2020. Additional Investors Cherry Ventures, Creandum, Speedin ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$40.4M15012%N/A
#2
$27.8M1526%$59M
#3
$59M152N/AN/A
#4
$26.9M15330%N/A
#5
$22M15415%N/A