Accure receives eight million US dollars

The Aachen-based company collects data from batteries to provide early warning of fires, warranty claims or recalls. The start-up has now completed its Series A financing round.

The start-up Accure, founded in 2020, has raised eight million US dollars in its Series A financing round. The round was led by Blue Bear Capital from the USA, with Capnamic Ventures and 42CAP also participating. Both venture capitalists invest primarily in early-stage start-ups.

Accure emerged from RWTH Aachen University and is dedicated to the safe use and operation of batteries by collecting their data. "Accure Cloud is like Google Analytics for batteries," says CEO Philipp Kairies, explaining the idea. "Without disrupting our customers' physical processes, we take the data provided by each battery and analyze it." Specifically, Accure wants to detect impending battery fires or predict recalls and warranty claims. This is useful for home storage providers and energy suppliers, for example, who are among the start-up's customers.

The offering also convinced the main investor in the financing round, as Carolin Funk from Blue Bear Capital explains: "Accure has developed a much-needed product for battery management in a rapidly growing market." She continues: "Thanks to the SaaS solution, any battery system can be easily retrofitted. Accure is scaling quickly and at the right time to shape this market."