Peaxy, a San Jose, CA-based cloud software company providing battery lifecycle analytics and digital twins, raised $12M in Series B2 funding.
The backers were not disclosed.
The company intends to use the funds to accelerate its battery analytics product offering and market reach in stationary energy storage, electric vehicles, and defense.
Founded in 2012 and led by Manuel Terranova, CEO and President, Peaxy is a cloud software company that specializes in battery data through AI, machine learning and predictive analytics. Peaxy Lifecycle Intelligence (PLI), its flagship solution, offers cloud-based, at-scale, lifecycle analytics and a unified data vision to streamline battery research and development, manufacturing, integration, and field operations.
FinSMEs
13/07/2023