CBInsights: 5 Top Emerging Digital Twin Startups Impacting Industry 4.0

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Using StartUs Insights Platform, covering 1.116.000+ startups & emerging companies, they looked at innovative digital twin application areas for Industry 4.0. For this research, they identified 169 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and technology among others.

MEIK LABS, Digital Construction Works, MetaTwin, Tunnelware, and Allvision IO develop 5 top solutions. Learn more in their Global Startup Heat Map!

5 Top Emerging Digital Twin Startups Impacting Industry 4.0

Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for Industry 4.0. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, we are taking a look at 5 promising digital twin startups.

EV Technology: Battery analytics software startup Twaice raises €11M Series A led by Creandum

With increased penetration of 2/3/4 wheeler electric vehicles in India, there is a lot of scope for battery management services for the entire life cycle of a battery from manufacturing, charging, testing, management to recycling.

TWAICE, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has recently raised €11 million in Series A funding. Leading the round is European early-stage venture capital firm CREANDUM, with participation from existing investors Cherry Ventures, UVC Partners and Speedinvest, which backed the company’s earlier seed round.

Already used in trucks, cars, e-scooters and stationary power storage, the TWAICE software creates a “digital twin” of battery systems by utilising sensor data, and physical and data-driven battery models. From here it claims to be able to analyse and make accurate real-time predictions about the “health status” of an energy storage system.

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Battery analytics software startup Twaice raises €11M Series A led by Creandum

Twaice, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has raised €11 million in Series A funding. Leading the round is European early-stage venture capital firm Creandum, with participation from existing investors ...