Entroview, a Paris, France-based deeptech startup specializing in battery software diagnostics, raised $1.6M in Seed funding.
The round was led by AFI Ventures, and Rethink Ventures, with participation from Exergon, Holnest, Kima, Wind Capital, Linksium and the existing business angels Thibaud Elzière, Florian Douetteau, Nicolas Steegmann and Etienne Hermitte.
The company intends to use the funds to expand its team, further develop its software, and scale its operations.
Led by CEO Gaetan Depaepe, Entroview provides deep insight on the internal state of batteries in real-time. With this data, OEMs and cell producers can make informed decisions and drive innovation in battery management. The company offers physics-based software solutions that diagnoses batteries through the entire value chain with applications already tested by top gigafactories and automotive companies across Europe.
The solution provides users with diagnostics, including:
- Defect detection at the end of the production line for gigafactories using a fast self discharge calculation (The time reduced from using Entroview’s solution goes from 8 days to 10 hours)
- Accurate state of charge calculation in real-time for all kinds of chemistries including LFP and LMFP cells (The number of errors is reduced by up to 50%)
- State of health estimation – including the degradations modes that occurred in the battery without any historical data (This unlocks the second life applications and second hand market)
FinSMEs
05/06/2024