When was Twaice founded?

Twaice was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Twaice located?

Twaice is headquartered in Munich, Germany.

Who is the current CEO of Twaice?

Stephan Rohr and Michael Baumann s of Twaice. Stephan Rohr has also founded 1 company and is angel investors in 3 startups.

Which legal entities is Twaice associated with?

Twaice is associated with Twaice Technologies Gmbh and 2 others.

How many employees does Twaice have?

As of Jul 31, 2026, the latest employee count at Twaice is 104.

Is Twaice a funded company?

Twaice is a funded company, having raised a total of $71.5M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 18, 2018.

When was the latest funding round of Twaice?

Twaice's latest funding was a $***** Venture Debt round on Feb 06, 2026, with participation from 1 investor.

What is the annual revenue of Twaice?

Annual revenue of Twaice is between €1M and €10M as on Dec 31, 2022

Where does Twaice rank among its competitors?

Twaice ranks 3rd amongst 214 active competitors, of which 54 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Modo Energy, which secured $17M in Jul, 2026.

Who are the top competitors of Twaice?

Twaice's top competitors include Emo Energy, Modo Energy and Qnovo. Among them, Modo Energy secured the most recent funding round in July, 2026.

Twaice - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of battery energy storage analytics software for asset management. The software transforms battery data into insights, helping to improve system performance and availability. It also assists in identifying safety-relevant trends and standardizing key performance indicators with dashboards. The software facilitates data centralization and automates reporting.

Website: www.twaice.com/
Social
Email ID: *****@twaice.com
Phone Number: +49 **********

Key Metrics

Founded Year

2018

Location

Munich, Germany

Stage

Series B

Total Funding

$71.5M in 7 rounds

Latest Funding Round

Venture Debt, Feb 06, 2026, $*****

Investors

Creandum & 14 more

Ranked

3^rd among 214 active competitors

Annual Revenue

€1M - €10M as on Dec 31, 2022

Employee Count

104 as on Jul 31, 2026

Similar Companies

Emo Energy & 177 more

View Twaice's full profile

Twaice is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cloudflare Inc CIN: 270805829 , United States, Active	Jun 18, 2018	-	2380 (As on Dec 31, 2024)	-
TWAICE Technologies GmbH CIN: 902712322 , France, Deadpooled	Dec 06, 2021	-	-	-
Twaice Technologies Gmbh CIN: HRB241903 , Germany, Active	Jun 27, 2018	€1M - €10M (As on Dec 31, 2022)	58 (As on Dec 31, 2023)

Twaice has raised a total funding of $71.5M over 7 rounds. Its first funding round was on Sep 18, 2018. Its latest funding round was a Venture Debt round on Feb 06, 2026 for $*****. 1 investor participated in its latest round. Twaice has 13 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Twaice:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 06, 2026	2350992	Venture Debt	3345344	8293022	8438894	6651032
2022	7993	Grant (prize money)	2954	9323	9406	EIC Fund
Apr 26, 2022	4215714	Series B	1848766	4823394	Coatue	Lip-Bu Tan

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View details of Twaice's funding rounds and investors

The founders of Twaice are Stephan Rohr and Michael Baumann. Stephan Rohr and Michael Baumann are the CEOs of Twaice.

Here are the details of Twaice's key team members:

Stephan Rohr: Co-Founder & Co-CEO of Twaice. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 2 email addresses
Michael Baumann: Co-Founder & Co-CEO of Twaice. They serve on the board of 1 company.
Contact Info: 1 email address

Twaice's Board of Directors

Twaice's board has 2 active members. Stephan Rohr and Michael Baumann are part of team.

Here is the list of Twaice's board of directors:

Name	Type	Representing	Status	Duration
Stephan Rohr	Team	-	Current	8y 1m
Michael Baumann	Team	-	Current	8y 1m

View details of Twaice's Founder profiles and Board Members

Twaice's employee count trend

Twaice has 104 employees as of Jul 26. Here is Twaice's employee count trend over the years:

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Top competitors of Twaice include Emo Energy, Modo Energy and Qnovo. Here is the list of Top 10 competitors of Twaice, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Gruhas & 48 others	67/100
2nd	Modo Energy 2019, Birmingham (United Kingdom), Series B	Platform for battery energy storage analysts	$53.3M	Molten Ventures, MMC Ventures & 31 others	63/100
3rd	Twaice 2018, Munich (Germany), Series B	Developer of battery energy storage analytics software for asset management	$71.5M	Creandum, European Investment Bank & 13 others	62/100
4th	Qnovo 2009, Milpitas (United States), Series C	Battery management software for the e-mobility sector	$40M	USVP, RockPort Capital & 12 others	61/100
5th	Breathe Battery Technologies 2019, London (United Kingdom), Series B	Physics-based battery management software	$31M	Kinnevik, Lowercarbon Capital & 5 others	60/100
6th	Bacancy Systems 2021, Ahmedabad (India), Series A	Embedded engineering and manufacturing solutions for IoT, healthcare, and e-mobility industries	$4.22M	Sabre Partners, Greenstone Capital	59/100
7th	Brill Power 2015, Oxford (United Kingdom), Acquired	BMS for utilizing multiple types of lithium batteries to develop battery packs	$16.4M	Legal & General Capital, Oxford Science Enterprises ... & 18 others	58/100
8th	Electra Vehicles 2015, Boston (United States), Acquired	Battery management system for electric vehicles	$24.6M	United Ventures, Blackberry & 12 others	58/100
9th	ACCURE Battery Intelligence 2020, Aachen (Germany), Series B	Provider of a software company that provides predictive battery analytics solutions to optimize the performance and safety of battery systems in energy storage, electric vehicles, and other industries	$34.5M	Blue Bear Capital, hsbc asset management ... & 10 others	57/100
10th	suena 2021, Hamburg (Germany), Series A	AI and SaaS-based battery optimization and trading platform	$14M	Eneco, EIT InnoEnergy & 18 others	56/100