AIONZ

AIONZ Overview

ALGOLiON has developed early-warning smart diagnostic software to extend the life of lithium-ion batteries and prevent safety hazards. The company's AlgoShield software solution is designed to prevent lithium battery safety and fire hazards for various markets including electric vehicles, portable electronics, medical devices, and aviation. Using patented algorithms, AlgoShield provides alerts about safety risks up to a week before they could develop into a fire. This enables sufficient advance notice for optimal management of the safety risks, without the need for supplementary hardware. The technology has also been demonstrated as an app for smart phones and tablets and can be white labelled for enterprise platforms. ALGOLiON's solution can facilitate faster charging, operation in extreme conditions, and more reliable high-power use. The technology can improve users' return on investment by extending batteries' service life and save money by protecting users' products, people, and profits.

Cumulative Funding Raised Over Time ($)

Latest News

Jun 30, 2023 · techcrunch.com

growth-positive

GM buys software startup that predicts EV battery fires

General Motors has acquired Algolion, an Israel-based software startup that specializes in detecting potential hazards in battery cells. The acquisition will help GM deliver high-performing electric vehicles (EVs) by utilizing Algolions cutting-edge battery analytics and prediction software. Algolions software can identify anomalies in cell performance and detect battery hazards, including thermal runaway propagation events. The software can also spot tiny changes that could affect battery health earlier than other methods. The acquisition was led by GMs Technology Acceleration and Commercialization organization, which aims to scout out emerging battery technology and explore investment opportunities and partnerships. Algolions six employees will join GMs Technical Center in Israel.

AcquisitionPartnersExpand

Apr 21, 2020 · www.israel21c.org

growth-positive

Software can predict battery explosions with one week warning

Israeli startup ALGOLiON has developed software called AlgoShield that provides a weeks warning before a lithium-ion battery catches fire. The software monitors key electrochemical indicators inside the battery to detect potentially dangerous fluctuations in current and voltage. ALGOLiON has projects with major corporations including Philip Morris International, Ferrari, Boeing, Airbus, Bosch, and Sunwoda. The European Union Aviation Safety Agency recognizes AlgoShield as a solution to mitigate hazards in lithium batteries. The company has received funding from various sources. ALGOLiON believes that the biggest potential for its software lies in the electric vehicle sector in China.

CustomersPartners

Funding

Team Members

2

Employees: 1-10

Web & Social Links

Locations

Derech Meir Weisgal 2, Rehovot, Israel

Photos & Videos

No files yet

AIONZ Internal

Recent Updates

No update log entries.

Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.

Admin Info