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EIB Invests €24 Million in TWAICE to Accelerate the Energy Transition with Predictive Battery Analytics

twaice Predictive Battery Analytics

EIB Invests €24 Million in TWAICE to Accelerate the Energy Transition with Predictive Battery Analytics

  • EIB venture financing to scale up TWAICE’s predictive battery analytics for Europe’s energy transition.
  • Enabling safer, more profitable battery storage and electric mobility across Europe.
  • Investment supports TWAICE’s global expansion and accelerates data-driven battery operations for a cleaner, more resilient energy system.

TWAICE, the analytics platform built for real-world battery energy storage operations at scale, has secured €24 million in financing from the European Investment Bank (EIB), provided as a long-term venture debt loan, backed by the InvestEU programme.

The financing will accelerate TWAICE’s growth as electrification drives rapid expansion across both battery energy storage systems and electric vehicle markets, increasing demand for predictive analytics and advanced battery expertise. Predictive analytics enables battery developers to anticipate degradation, optimize performance, and extend lifetime, which is crucial for reliable, safe and cost‑effective electric storage solutions. By learning from vast real‑time and historical data, it accelerates innovation in cell design, control software, and resource use, helping bring better batteries to market faster and at lower total cost of ownership.

Dr. Stephan Rohr, Co-CEO of TWAICE, said:

This long-term financing from the European Investment Bank helps us accelerate the growth we’re already seeing in our business,

“As storage operators scale their fleets, they need operations that scale with them. Built on deep battery expertise, we help teams improve performance and profitability while reducing manual effort.”

European Investment Bank Vice President Nicola Beer, said:

Batteries sit at the heart of Europe’s clean energy future – powering electric mobility, stabilising grids with renewable energy and making our energy systems more resilient.

”By backing TWAICE, we are not only reinforcing Europe’s technological leadership in advanced battery analytics, we are also supporting innovation that enables smarter, more efficient use of clean energy across the economy. This investment is part of the EIB’s wider commitment to accelerate breakthrough technologies that drive decarbonisation, strengthen energy independence and help scale high‑performing battery solutions in Europe and worldwide,”

As the share of power generation from solar and wind grows, the demand for battery energy storage systems is accelerating. That scale creates a new operational challenge: teams must run more assets with the same resources, while protecting safety, availability, and returns. TWAICE helps operators meet that challenge with operations-grade analytics that support real-time decision-making, predictive maintenance, and workflow automation.

These challenges are shared widely across the industry: according to the results of TWAICE’s new BESS Pros Survey, 45% of operators experience unexpected on-site issues at least monthly.

In parallel to its energy analytics platform, TWAICE’s Battery Experts business works closely with leading battery companies and electric vehicle manufacturers to embed battery insights into commercial products, from cell-level analysis through in-life performance.

The EIB financing will support TWAICE in accelerating product development and expanding customer deployments globally, as operators increasingly look to move from reactive troubleshooting to proactive, data-driven operations. TWAICE’s battery energy storage systems business nearly tripled in 2025, reflecting rising demand for operational solutions that let operators scale fleets safely and efficiently.

For battery energy storage operators, the impact shows up in day-to-day performance and workload. Across customer deployments, TWAICE has helped deliver an average +5% improvement in recoverable energy and reduce analyst time per asset by 80–90% through automated reporting and workflows.

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EIB Invests €24 Million in TWAICE to Accelerate the Energy Transition with Predictive Battery Analytics, source

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