ACCURE raises $8 million greenbacks to scoot the battery security and analytics market

ACCURE, the machine- and AI-driven battery analytics company primarily based in Aachen, Germany, has acquired $8 million in Sequence A funding from Blue Undergo Capital, a U.S. investor centered on digital applied sciences for vitality and local climate alternate recommendations, and gift traders Capnamic Ventures and 42CAP. ACCURE’s machine empowers battery producers and operators to discover battery correctly being and security in exact time throughout the asset’s lifecycle. This permits firms within the vitality and mobility sectors to predict security incidents earlier than they happen and optimize performance within the field with none technical changes or physically touching the resources. This day, higher than 220,000 battery systems – over 750 MWh – worldwide are below ACCURE’s administration.

“We’ve got got demonstrated that we are in a position to detect incidents relish battery fires earlier than they happen. We additionally predict and manage disorders relish recalls and warranty concerns to mitigate security possibility and maximize uptime. The economic and reputational fee turns into obvious to our clients”, outlined Dr. Kai-Philipp Kairies, CEO of ACCURE. “ACCURE Cloud is relish Google Analytics for batteries. Without disrupting any of our clients’ bodily operations, we ingest the facts offered by each battery and analyze it. This creates an extraordinarily treasured resource for the extra pattern and optimization of the battery along with to the machine the assign it be installed.”

“ACCURE has developed a grand-important product to manage batteries in a snappily-increasing market. We deem that ACCURE’s team has the upright expertise to abet asset homeowners offer protection to billions of bucks of systems within the field across the globe. Because of its SaaS solution that can without concerns be retrofitted to any battery machine, ACCURE is scaling rapid at the upright closing date to shape this market,” stated Dr. Carolin Funk, Partner at Blue Undergo Capital.

ACCURE became as soon as primarily based in 2020 by Dr. Kai-Philipp Kairies, Dr. Georg Angenendt, and Dr. Johannes Palmer. The three founders comprise been researching battery expertise and extending simulations since 2009 at RWTH Aachen, one amongst the main battery compare hotspots in Europe. ACCURE’s clients encompass about a of the biggest suppliers of home storage gadgets in Europe and a number one German utility.


ACCURE Battery Intelligence emerged from the biggest European compare crew for battery systems at RWTH Aachen College. ACCURE combines cutting again-edge compare with conception of the commercial’s challenges to deploy, characteristic and recycle batteries safely and successfully. This day, practically 40 battery consultants and facts scientists collaborate by intention of ACCURE’s platform to crimson meat up firms worldwide in making batteries safe, reliable, and sustainable. www.accure.get

About Blue Undergo Capital

Blue Undergo is a endeavor capital and early enhance fairness firm utilizing digital applied sciences into multibillion-buck verticals across vitality, infrastructure, and local climate industries. The team comes together from main vitality private fairness firms and parts expertise expertise from the tech startup world alongside operational management from monumental-scale expertise builders and adopters. Blue Undergo’s portfolio covers operational AI, IoT, and cybersecurity applied sciences, all deployed with endeavor clients to power connectivity and efficiency the area over’s most severe industries.

About 42CAP

42CAP are seasoned entrepreneurs turned traders. With Hybris and eCircle they previously built two of Europe’s perfect B2B machine firms culminating in $1.6b cash exits to SAP and Teradata respectively. The 42CAP credo Friends amongst Entrepreneurs is mirrored in their funding methodology, with which they crimson meat up facts- and expertise-driven commercial gadgets, product-centered founders and sustainable endeavor pattern. This background is preferred by founder personalities, comparable to Nicolas Reboud (SHINE, Paris), Inigo Ijuantegui (Ontruck, Madrid), Gregor Stühler (scoutbee, Würzburg), Ben Askew (Packlink, Madrid), Konstantin Mehl (Kaia Effectively being, Munich) and Alex Igelsböck (Adverity, Vienna). Ranking extra: along with to

About Capnamic

Capnamic Ventures is one amongst Europe’s main early-stage endeavor capital traders, primarily based in Cologne and Berlin. The VC’s funding point of curiosity is on expertise startups in German-speaking countries. Besides, Capnamic invests with international co-traders. All portfolio firms are supported by Capnamic’s global commercial community.

The broad expertise of the Capnamic team relies mostly on higher than 80 investments, a quantity of profitable change sales and IPOs along with to have faith entrepreneurial expertise within the funding team. Capnamic is led by Jörg Binnenbrücker, Olaf Jacobi, Christian Knott and Christian Siegele as Managing Companions.

Press contact:

ACCURE Battery Intelligence GmbH

Dr. Kai-Philipp Kairies

[email protected]



Christian Bölling / Lars Stühlen

[email protected] / [email protected]


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