ACCURE, the software application- and AI-driven battery analytics business based in Aachen, Germany, has actually gotten $8 million in Series A financing from Blue Bear Capital, a U.S. financier concentrated on digital innovations for energy and environment services, and existing financiers Capnamic Ventures and 42 CAP. ACCURE’s software application empowers battery producers and operators to keep track of battery health and wellness in genuine time throughout the property’s lifecycle. This allows business in the energy and movement sectors to forecast security events prior to they take place and enhance efficiency in the field with no technical adjustments or physically touching the possessions. Today, more than 220,000 battery systems– over 750 MWh– around the world are under ACCURE’s management.
” We have actually shown that we can discover occurrences like battery fires prior to they take place. We likewise forecast and handle concerns like recalls and guarantee issues to alleviate security threat and make the most of uptime. The financial and reputational worth ends up being apparent to our consumers”, discussed Dr. Kai-Philipp Kairies, CEO of ACCURE. “ACCURE Cloud resembles Google Analytics for batteries. Without interfering with any of our consumers’ physical operations, we consume the information offered by each battery and evaluate it. This develops a very important resource for the more advancement and optimization of the battery along with the system where it’s set up.”.
” ACCURE has actually established a much-needed item to handle batteries in a fast-growing market. Our company believe that ACCURE’s group has the best experience to assist property owners secure billions of dollars of systems in the field around the world. Thanks to its SaaS service that can quickly be retrofitted to any battery system, ACCURE is scaling rapidly at the best time to form this market,” stated Dr. Carolin Funk, Partner at Blue Bear Capital.
ACCURE was established in 2020 by Dr. Kai-Philipp Kairies, Dr. Georg Angenendt, and Dr. Johannes Palmer. The 3 creators have actually been looking into battery innovation and establishing simulations given that 2009 at RWTH Aachen, among the leading battery research study hotspots in Europe. ACCURE’s clients consist of a few of the biggest companies of house storage systems in Europe and a prominent German energy.
ACCURE Battery Intelligence emerged from the biggest European research study group for battery systems at RWTH Aachen University. ACCURE integrates advanced research study with an useful understanding of the market’s difficulties to release, run and recycle batteries securely and efficiently. Today, nearly 40 battery specialists and information researchers team up through ACCURE’s platform to support business worldwide in making batteries safe, trusted, and sustainable. www.accure.net.
About Blue Bear Capital.
Blue Bear is an equity capital and early development equity company driving digital innovations into multibillion-dollar verticals throughout energy, facilities, and environment markets. The group comes together from leading energy personal equity companies and functions innovation proficiency from the tech start-up world along with functional management from massive innovation designers and adopters. Blue Bear’s portfolio covers functional AI, IoT, and cybersecurity innovations, all released with business consumers to drive connection and performance throughout the world’s most important markets. www.bluebearcap.com.
About 42 CAP.
42 CAP are experienced business owners turned financiers. With Hybris and eCircle they formerly constructed 2 of Europe’s biggest B2B software application business culminating in $1.6 b money exits to SAP and Teradata respectively. The 42 CAP credo Peers among Business owners is shown in their financial investment method, with which they support information- and technology-driven service designs, product-focused creators and sustainable endeavor advancement. This background is valued by creator characters, such as Nicolas Reboud (SHINE, Paris), Inigo Ijuantegui (Ontruck, Madrid), Gregor Stühler (scoutbee, Würzburg), Ben Askew (Packlink, Madrid), Konstantin Mehl (Kaia Health, Munich) and Alex Igelsböck (Adverity, Vienna). Discover more: www.42 cap.com in addition to https://medium.com/42 cap.
Capnamic Ventures is among Europe’s leading early-stage equity capital financiers, based in Perfume and Berlin. The VC’s financial investment focus is on innovation start-ups in German-speaking nations. In addition, Capnamic invests with global co-investors. All portfolio business are supported by Capnamic’s worldwide market network.
The substantial knowledge of the Capnamic group is based upon more than 80 financial investments, many effective trade sales and IPOs in addition to own entrepreneurial experience in the financial investment group. Capnamic is led by Jörg Binnenbrücker, Olaf Jacobi, Christian Knott and Christian Siegele as Handling Partners.
ACCURE Battery Intelligence GmbH.
Dr. Kai-Philipp Kairies.
Christian Bölling/ Lars Stühlen.