AIONZ
Formerly ALGOLiON
Lithium-ion Battery Diagnostics
Startup Acquired Energy Tech Est. 2014 Acquired
Total Raised
Undisclosed
Acquired
Last Round
Undisclosed
4 rounds
Investors
1
1 public
Team
2
1-10 employees
Confidence
97/100
News
2
articles
Patents
1
About
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.
Classification
Sector
Climate TechEnergy TransitionEco-Efficient Energy StorageAutomotive & Mobility TechnologiesElectric Mobility & Alternative FuelsEnergy TechEnergy Management & Grid Integration
Core Technology
Platforms & InterfacesSoftware
Target Customer
Industrial ManufacturingDiscrete IndustriesAutomotive
Business Model
B2B
Tags
predictive-analyticssafetybatterieslithium-ion-batteriessoftware-applicationsenvironmental-technologiesdata-analyticsclimate-techaviationenergytechdefenseelectric-vehicleselectro-chemical-batteriesconsumersautomotivesmart-mobilityearly-detectionalert-system
Funding & Events
Oct 2016
Non-equity Undisclosed
EU Horizon 2020
Nov 2017
Non-equity Undisclosed
European Aviation Safety Agency
Jun 2023
Exit Undisclosed
Jan 2021
Undisclosed Round Undisclosed
Mobilion Ventures
Jan 2015
Non-equity Undisclosed
EcoMotion
News (2)
Jun 30, 2023 · techcrunch.com
growth-positive
GM buys software startup that predicts EV battery fires
AcquisitionPartnersExpand
Apr 21, 2020 · www.israel21c.org
growth-positive
Software can predict battery explosions with one week warning
CustomersPartners
Details
Product Stage
Released
Employees
1-10
Exact Count
3
District
Center District
Founded
2014
Registrar
515115459
Crunchbase
algolion
Locations
Derech Meir Weisgal 2, Rehovot, Israel
Links
Website
LinkedIn
Admin
Last Update
Dec 8, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
video or image, markets
Team (2)
Niles Fleischer
Co-founder & CEO
Founder
Alex Nimberger
Co-founder & CTO
Founder