TWAICE, an analytics platform built for large-scale battery energy storage operations, has secured €24 million in financing from the European Investment Bank (EIB) as a long-term venture debt loan backed by the InvestEU program, the organization announced in a statement. The funding will help TWAICE grow as electrification drives rapid expansion across battery energy storage systems and electric vehicle markets, increasing demand for predictive analytics and advanced battery expertise. Predictive analytics lets battery developers anticipate degradation, optimize performance, and extend battery lifetime—crucial for reliable, safe, and cost-effective electric storage solutions.
“This long-term financing from the European Investment Bank helps us accelerate the growth we’re already seeing in our business,” said Dr. Stephan Rohr, Co-CEO of TWAICE. “As storage operators scale their fleets, they need operations that scale with them. Built on deep battery expertise, we help teams improve performance and profitability while reducing manual effort.”
EIB Vice President Nicola Beer said batteries sit at the heart of Europe’s clean energy future—powering electric mobility, stabilizing grids with renewable energy, and making energy systems more resilient. “By backing TWAICE, we are not only reinforcing Europe’s technological leadership in advanced battery analytics, we are also supporting innovation that enables smarter, more efficient use of clean energy across the economy,” she said. The investment is part of the EIB’s wider push to accelerate breakthrough technologies that drive decarbonization, strengthen energy independence, and help scale high-performing battery solutions in Europe and worldwide.
As the share of power generation from solar and wind grows, demand for battery energy storage systems is accelerating. That scale creates a new operational challenge: teams must run more assets with the same resources while protecting safety, availability, and returns. TWAICE helps operators meet that challenge with operations-grade analytics that support real-time decision-making, predictive maintenance, and workflow automation. According to TWAICE’s new BESS Pros Survey, 45 percent of operators experience unexpected on-site issues at least monthly.
The EIB financing will support TWAICE in accelerating product development and expanding customer deployments globally, as operators increasingly shift from reactive troubleshooting to proactive, data-driven operations. TWAICE’s battery energy storage systems business nearly tripled in 2025, reflecting rising demand for operational solutions that let operators scale fleets safely and efficiently. Across customer deployments, TWAICE has helped deliver an average 5 percent improvement in recoverable energy and reduce analyst time per asset by 80–90 percent through automated reporting and workflows.
