BATTERY ANALYTICS PLATFORM TWAICE ANNOUNCES $30 MILLION FUNDING LED BY COATUE

Company has raised $75 million to-date as it builds solutions to enhance the battery lifecycle
MUNICH, GERMANY, April 26, 2023 /EINPresswire.com/ — TWAICE, a battery analytics company that helps customers in mobility and energy grow safely and sustainably by enhancing the transparency and predictability of batteries, today revealed that it has secured $30 million in additional Series B financing led by global investment firm Coatue. The round extension, which includes personal investment from Lip-Bu Tan and participation from existing investors, builds on TWAICE’s $26 million Series B in May 2021, led by Energize Ventures.