Sunday, 21 June 2020

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 ...

Startup Mergers & Acquisitions: Edtech startup Unacademy acquires programming platform Codechef


Gaurav Munjal, Founder of #edtech #startup Unacademy, recently took to Twitter to announce the acquisition of online programming platform CodeChef.

CodeChef was started in 2009 by Bhavin Turakhia, Founder and CEO of Flock, Radix and Zeta India, as a part of Directi. It was developed as a platform to help programmers enhance their skills and create a community. Moving forward, CodeChef will be under the umbrella of Unacademy, instead of Directi.

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Edtech startup Unacadmey acquires programming platform Codechef

Gaurav Munjal, Founder of edtech startup Unacademy, recently took to Twitter to announce the acquisition of online programming platform Codechef. Codechef was started in 2009 by Bhavin Turakhia, Founder and CEO of Flock, Radix and Zeta, as a part of Directi. It was developed as a platform to help programmers enhance their skills and create a community.

Tracxn: Top Indoor Positioning System Startups

Theme: Indoor Positioning Systems
Source: Tracxn

Business models evolve with time, sometimes due to changes in the market and sometimes due to advent of technology, resulting in emergence of new exciting trends. Tracxn closely tracks the startup ecosystem from across the world and they have come across a whole lot of interesting new themes which are gaining popularity, one of them being Indoor Positioning System.

Globally there are 96 Indoor Positioning System companies, and here is the list of the 10 most interesting ones:

Top Indoor Positioning System Startups

Last Updated: January 17, 2020 Business models evolve with time, sometimes due to changes in the market and sometimes due to advent of technology, resulting in emergence of new exciting trends. We at Tracxn closely track the startup ecosystem from across the world and we have come across a whole lot of interesting new themes which are gaining popularity, one of them being Indoor Positioning System.

Disruption: How Elon Musk's Starlink could disrupt the telecommunications industry

STARLINK, of SpaceX, is a satellite constellation project being developed by Elon Musk and team to give satellite Internet go-to access for people in any part of the world. The plan is to comprise thousands of mass-delivered little satellites in low Earth circle, orbit, working in mix with ground handheld devices, for instance, our iPhones. Elon Musk speaks about it as a grand Idea that could change the way we view and access the world around us.

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How Elon Musk's Starlink Could Disrupt The Telecommunications Industry

Starlink, of SpaceX, is a satellite constellation project being developed by Elon Musk and team to give satellite Internet go-to access for people in any part of the world. The plan is to comprise thousands of mass-delivered little satellites in low Earth circle, orbit, working in mix with ground handheld devices, for instance, our iPhones.