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Energy Tech Series A Founded 2019

volytica

volytica diagnostics develops manufacturer-independent battery health monitoring software that analyzes field data from battery systems to provide insights into degradation, state of health, safety risks, and remaining useful life across e-mobility, energy storage, and industrial applications. The platform uses AI- and electrochemistry-based, cell-type-independent algorithms that do not require time-consuming…

📍 Dresden, Germany · Electric Vehicles,

Funding snapshot

Last roundSeries A
Amount$6M
Date7 September 2023
Total raised$6M
Team size26

About

volytica diagnostics develops manufacturer-independent battery health monitoring software that analyzes field data from battery systems to provide insights into degradation, state of health, safety risks, and remaining useful life across e-mobility, energy storage, and industrial applications. The platform uses AI- and electrochemistry-based, cell-type-independent algorithms that do not require time-consuming initial training or lab testing, instead leveraging the wealth of information contained in real operational data to deliver diagnostics, scenario-based predictions of remaining useful life, and automated monitoring through a highly scalable API-integrated cloud platform. volytica offers solutions including vdx sentry for continuous safety monitoring, Available Energy (AvEn) as a vendor-independent metric that quantifies true usable battery energy in real time to eliminate trading risks and maximize BESS revenues, FAT/SAT commissioning for factory and site acceptance testing, and energy trading optimization. The company serves battery energy storage systems (BESS) manufacturers, operators, suppliers, and distributors, as well as the transport sector including e-buses, cars, trucks, and trains, plus insurance companies and lessors for risk and loss-of-value calculations. volytica operates globally with active monitoring and completed projects across 15 countries including Belgium, Canada, Chile, China, France, Germany, Italy, Mexico, Poland, Portugal, Switzerland, the UK, and the USA. Founded in 2019 and headquartered in Dresden, Germany, volytica has raised approximately $5.9 million at the Series A stage from investors including SHIFT Invest, EnBW New Ventures, Fraunhofer, CFH Management, Atlantic Labs, FTTF, MBG Sachsen, EIT InnoEnergy, and TGFS.

Business model

Electric Vehicles > Vehicle Management > B2B > Battery Management Systems,

Energy Storage Tech > Battery > Battery Management System > Electric Vehicles

Founders & team highlights

Serial Founder

Institutional investors

SHIFT Invest EnBW New Ventures Fraunhofer CFH Management Atlantic Labs FTTF MBG Sachsen EIT InnoEnergy TGFS Jochem Heizmann Doreen Rietentiet Sebastian Stall

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