European Investment Bank invests 24 million euros in TWAICE

The Munich-based battery analysis company TWAICE has secured €24 million in financing from the European Investment Bank (EIB). The funds are provided in the form of a long-term loan and secured by the EU's InvestEU program. The aim of the financing is to accelerate TWAICE's international growth and further develop its analytics platform.

Rising demand for battery analytics due to the energy transition

Increasing electrification is driving the expansion of battery energy storage systems (BESS) and electric vehicles (EV). As a result, the need for predictive analytics and in-depth battery expertise is also growing. With the help of data-based analyses, battery developers and operators can detect degradation at an early stage, optimize performance and extend the service life of battery systems - a key factor for the safety, reliability and cost-effectiveness of electrical storage solutions.

By evaluating extensive real-time and historical data, TWAICE accelerates innovation in areas such as cell design, control software and resource utilization. The aim is to bring more powerful batteries to market faster and with lower total cost of ownership.

Focus on scalable operation of battery storage systems

With the growing share of solar and wind energy, the demand for battery storage systems is increasing, while at the same time the operational challenges are growing. Operators have to manage ever larger fleets with limited resources while ensuring safety, availability and yields. According to a recent TWAICE survey, 45% of BESS operators report at least one unplanned incident per month.

As storage operators grow their fleets, they need an operation that grows with them. Based on deep battery expertise, we support teams to increase performance and profitability with significantly less manual effort.

Dr. Stephan Rohr, Co-CEO of TWAICE

TWAICE addresses these challenges with operational-grade analytics for real-time decisions, predictive maintenance and automated workflows. As a result, customers have been able to increase their available storage capacity by an average of five percent and reduce the analysis effort per system by 80 to 90 percent.

Strong growth in the BESS business

TWAICE's business with battery storage systems almost tripled in 2025. Operators are increasingly focusing on a proactive, data-driven approach instead of reactive troubleshooting. The new EIB financing is designed to support this trend by accelerating product development and enabling the expansion of the international customer base.

Supporting Europe's energy future

This investment is part of the EIB's broader commitment to accelerate breakthrough technologies that drive decarbonization, strengthen energy independence and help spread high performance battery solutions in Europe and globally

Nicola Beer, Vice-President of the European Investment Bank

According to the EIB, batteries play a key role in Europe's energy transition. They drive electromobility, stabilize power grids with renewable energies and increase the resilience of the energy supply. By financing TWAICE, the EIB aims to strengthen Europe's technological leadership in advanced battery analytics and promote innovation that supports decarbonization and energy independence.