Twaice replenishes with $1.4m seed round

Sep 20, 2018 •

TUM-founded Twaice Technologies has won backing from UVC Partners to deliver battery management software targeting electric vehicles.

Twaice Technologies, a Germany-based battery management software spinout from Technical University of Munich (TUM), attracted €1.2m ($1.4m) yesterday in a seed round co-led by Unternehmertum Venture Capital (UVC) Partners.
UVC Partners, the venture capital affiliate of TUM’s tech transfer arm Unternehmertum, co-led the round with Speedinvest, which took part through an unspecified fund.
Founded in 2018, Twaice is developing software that monitors the condition of lithium-ion batteries in machines such as electric vehicles (EV), tracking an expensive component…

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