Twaice wants to grow faster

06.02.2026

Source: E & M powernews

Twaice, a Munich-based provider of a data analytics platform for battery storage, has received a long-term loan of €24 million from the European Investment Bank.

According to a statement from Twaice, the EUR 24 million loan from the EIB is intended to help accelerate product development and expand international business. Those responsible at the provider of battery storage analytics, which was founded in 2018, see a promising environment for their business model. After all, batteries are the "heart of Europe's environmentally friendly energy future", as Stephan Rohr, CO-CEO of Twaice, puts it.

A survey conducted by the company between October and December 2025 with a total of 287 participants, 117 of whom both operate large storage facilities and manage storage portfolios, revealed that 45% of respondents are very frequently or at least frequently confronted with unexpected technical problems during operation on site. And for 59 percent, searching for and analyzing faults is the most time-consuming activity in day-to-day operations.

These results show the great importance of operational analytics for real-time decisions, predictive maintenance and the automation of workflows. Operators increasingly want proactive, data-driven operation of their storage facilities and away from reactive troubleshooting.

In 2025, Twaice's storage business had almost tripled - without the company providing financial figures. This is a clear sign of the growing demand for operational solutions to scale storage fleets securely and efficiently. According to Twaice, customers have been able to improve their available storage performance by 5 percent with the appropriate analytics. At the same time, automated processes and reports have enabled them to reduce the analysis time per system by 80 to 90 percent.

An additional benefit of predictive analytics: Battery developers can detect degradation at an early stage, optimize performance and ultimately increase service life. The evaluation of a wide range of data, be it real-time data or historical data, helps to accelerate innovations in the areas of cell design, control software and resource utilization. This would enable batteries to be brought to market faster and at lower cost.

Author: Fritz Wilhelm