TWAICE, a leading analytics platform for real-world battery energy storage operations, has secured €24 million in long-term venture debt financing from the European Investment Bank (EIB), supported by the InvestEU programme. The funding will accelerate TWAICE’s growth amid rising demand for predictive battery analytics across electric vehicle and energy storage markets, enabling operators to optimize performance, anticipate degradation, and extend battery lifetimes. By leveraging real-time and historical data, TWAICE supports innovation in cell design, control software, and resource efficiency, helping bring more reliable and cost-effective batteries to market.
The investment reflects the EIB’s commitment to Europe’s clean energy transition, promoting advanced battery technologies that improve grid stability, renewable integration, and energy system resilience. With the expansion of solar and wind power generation, the need for efficient, large-scale battery energy storage systems is growing, creating operational challenges for operators managing increasingly extensive fleets. TWAICE addresses these challenges with analytics that enable real-time decision-making, predictive maintenance, and workflow automation, improving operational safety and asset availability while reducing manual workloads.
TWAICE’s Battery Experts division complements its analytics platform by partnering with leading battery companies and electric vehicle manufacturers to embed performance insights directly into commercial products. The EIB financing will support further product development and global deployment, allowing operators to shift from reactive troubleshooting toward proactive, data-driven management of battery systems. In 2025, TWAICE’s battery energy storage systems business nearly tripled, demonstrating strong market demand for scalable operational solutions.
Across its customer deployments, TWAICE has delivered tangible operational improvements, including an average 5% increase in recoverable energy and an 80–90% reduction in analyst time per asset through automated reporting and workflow solutions. Founded in 2018, TWAICE continues to enable grid-scale operators and battery developers to enhance safety, reliability, and profitability across their fleets, contributing to the global transition toward cleaner, more resilient energy systems.
The EIB Group, the long-term financing institution of the European Union, focuses on high-impact projects supporting EU priorities, including climate action, digital innovation, and energy transition. The InvestEU programme, which backs the financing, leverages EU budget guarantees to mobilize private and public investment in strategic initiatives such as the European Green Deal, providing simpler, more flexible long-term funding solutions to accelerate sustainable recovery across the EU.
