GERMANY – Accure Battery Intelligence, an Aachen, Germany-based provider of predictive analytics software to ensure battery safety, performance and extended life for energy storage, electric vehicles, and other applications, raised €7.2M in funding.
The round was led by Blue Bear Capital and HSBC Asset Management, and included Riverstone Ventures and Capnamic Ventures. The company intends to use the funds to accelerate its growth and provide comprehensive battery asset health and monitoring solutions to businesses worldwide across energy, electric vehicles, transit, marine, insurance and other industries.Led by CEO Dr. Kai-Philipp Kairies, Accure provides comprehensive solutions to manage battery asset health to help companies reduce risk, improve performance, and maximize the business value of battery energy storage, electric vehicles, and other applications. By combining artificial intelligence with expert knowledge of batteries, the company brings a new level of clarity to energy storage. Companies that use accure’s predictive analytics platform also can get improved insurance conditions, like reduced obligations and deductibles, for coverage against property damage, business interruption, and more. Today, Accure supports more than three GWh for customers worldwide, helping optimize the performance and safety of their battery systems. 22/08/2023
