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Twaice

Battery analytics software based on digital twins to optimize li-ion batteries

January 2020
Gallery Twaice 1
Gallery Twaice 1
01.

Identification

Twaice supports companies across industries with predictive battery analytics software.

Twaice solves many problem such as degradation and safety issues of li-ion batteries by offering an advanced predictive analytics software. Twaice creates models of the batteries (once per battery type) and constantly feed these models with data from the battery management system (BMS) during actual operation of the battery. This means that there is one specific model per battery in the field, a concept that is commonly referred to as digital twin. This hybrid approach of empirical-analytical models & AI driven data analytics not only provides the current condition of the battery at all times but also allows unique aging and lifetime predictions. Putting this back into the context of the major challenges with regard to li-ion batteries: a) The technology supports OEMs [Original Equipment Manufacturers] of battery products by deploying the solution during the pre-series test and validation phase where the technology enables a more realistic (compared to lab tests with accelerated aging) picture of battery performance in actual operation. b) Battery systems usually need to be disassembled in order to analyze the current condition. With Twaice's algorithms with detect situations that impact the battery and update the model accordingly without any test required. c) The core of Twaice is the determination of the current state of health (capacity & impedance) and the prediction of these parameters. This enables optimal operation and topics such as predictive maintenance. More, the algorithm detect safety-relevant effects such as lithium plating early on. It reduce the CO2 impact of li-ion batteries by optimizing the complete lifecycle with improved development processes, a longer lifetime with optimal battery use and a second life for energy storages that are not suitable for the mobility application anymore.

Label Date January 2020
From Germany
Maturity stage Small scale commercialization
Looking For Clients ; Partners

Sectors - Value chain - Application

Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
  • /
02.

The environmental benefits

  • The impact of TWAICE applications will reach more than 400kt CO2e in 2020
  • A 7% annual efficiency increase
03.

The Financial benefits

  • Payback reached within 2 years
04.

Activity Region

  • /
  • Headquarters
  • Activity
05.

Implementation Stories

Latest news from our Labeled Solutions - September

Energize Ventures raises $330M to fund energy, mobility and climate resiliency technology

Energize Ventures has announced the closing of its second fund with total capital commitments of $330 million. Fund II will be used to help scale and commercialize software across renewable energy, mobility, cybersecurity, battery storage and climate resiliency.

Latest news from our Labeled Solutions - September

Twaice opens new battery lab in Germany

Twaice is expanding testing capacities with a new battery lab in Munich. The focus is on predictive battery analysis software. Twaice has already raised 11 million euros this year in a Series A financing round.

Latest news from our Labeled Solutions - September

Analog Devices and TWAICE Work Together to Advance Battery Lifecycle Optimization

Analog Devices’ sensor technology and wireless connectivity with TWAICE’s battery analytics software will benefit customers in the mobility and energy sectors. The alliance will be instrumental in significantly reducing warranty risks and recalls.

Latest news from our Labeled Solutions - September

TWAICE raises €11 million to power internationalisation efforts and scaling

TWAICE’s software creates a unique “digital twin” of battery systems. It can be used to make precise analyses and predictions about the ‘health’ of each energy storage device. Operational failures can be detected and prevented in real time.

Latest news from our Labeled Solutions - September

Twaice & ViriCiti cooperate on bus battery analysis - electrive.com

Munich-based battery analyst Twaice and Dutch telematics provider ViriCiti are joining forces to optimise the operation of electric bus fleets. TwaICE now provides battery software as an add-on module on the Viri Citi platform.

06.

Company Profile

TWAICE TECHNOLOGIES GMBH

TWAICE supports companies across different industries with predictive battery analytics software based on digital twins

View company profile
Headquarters 80807 Munich, Germany
07.

Related Topics

Connect with the innovator Save to Project

The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.