Aachen, Germany-based ACCURE Battery Intelligence, a provider of comprehensive solutions to manage battery asset health, announced on Tuesday, August 22, that it has secured €7.2M in a new round of funding.
The round was led by Blue Bear Capital and HSBC Asset Management, along with Riverstone Ventures and Capnamic Ventures.
ACCURE says the funding will enable it 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.
“ACCURE is on a mission to improve battery safety, reliability, and longevity,” says Dr. Kai-Philipp Kairies, Co-Founder and CEO of ACCURE. “Our predictive analytics software supports more than three gigawatt-hours of storage, preventing numerous battery incidents, and most importantly, our customers now have peace of mind knowing that an independent and trusted partner is ensuring safe, high-performing systems.”