Soft­ware for high-per­for­mance bat­ter­ies: Start-up TWAICE receives award

The start-up TWAICE has been award­ed the TUM Pres­i­den­tial Entre­pre­neur­ship Award for its research-based busi­ness suc­cess. The com­pa­nies Reto­rio and Cap­mo reached the final of the com­pe­ti­tion. The soft­ware prod­ucts of the TUM spin-offs enable effec­tive bat­ter­ies, intel­li­gent per­son­nel selec­tion and effi­cient con­struc­tion site processes.
Around 2,000 vis­i­tors were vir­tu­al­ly on the move yes­ter­day at the first all-day Entre­pre­neur­ship Day orga­nized by TUM and Unternehmer­TUM, the Cen­ter for Inno­va­tion and Start-ups. After start-up pre­sen­ta­tions, work­shops and dis­cus­sions with guests from busi­ness and sci­ence, TUM pre­sent­ed the Pres­i­den­tial Entre­pre­neur­ship Award. The jury pays par­tic­u­lar atten­tion to busi­ness ideas that are sig­nif­i­cant­ly based on research results, a high growth poten­tial and ini­tial financ­ing suc­cess­es. The prize is endowed with 10,000 euros, donat­ed by the Bund der Fre­unde der TUM.

1st place: TWAICE
The per­for­mance of bat­ter­ies will play a deci­sive role in deter­min­ing whether renew­able ener­gies and elec­tric vehi­cles can be used on a wide­spread basis in the future. TWAICE has devel­oped soft­ware to opti­mize and ana­lyze lithi­um-ion bat­ter­ies. The var­i­ous func­tions of the prod­uct can be used along the entire life cycle of a bat­tery: Com­pa­nies can improve devel­op­ment, plan strate­gies for effi­cient appli­ca­tion and mon­i­tor the con­di­tion of the bat­ter­ies in use.

The basis for the tech­nol­o­gy, which also works with machine learn­ing, was devel­oped by the founders Dr. Michael Bau­mann and Dr. Stephan Rohr in their doc­tor­al the­ses at the Chair of Auto­mo­tive Engi­neer­ing. The found­ing of TWAICE 2018 was sup­port­ed by TUM and Unternehmer­TUM, includ­ing in the incu­ba­tor pro­gram XPRENEURS and with an invest­ment from Unternehmer­TUM’s ven­ture cap­i­tal fund, UVC. TWAICE already has 70 employees.