StageDebt | Alive
Last Raised$2.03M | 2 yrs ago
Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+50 points in the past 30 days
Voltaiq developed a Battery Intelligence software platform. VoltaIQ arms companies developing batteries and battery-powered products with real-time insights derived from your entire body of battery performance data across systems, lifecycle, and technologies. The company helps ship products faster and ensure quality and reliability in the field, transforming battery performance into a competitive advantage.
VoltaIQ's Product Videos
ESPs containing VoltaIQ
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Quality control analytics startups offer sensor hardware and software platforms that detect manufacturing defects and help prevent scrap losses later down the production line. Startups use new hardware sensors, AI-driven software analytics, or a combination of both to achieve this.
VoltaIQ named as Challenger among 5 other companies, including TWAICE, Zitara, and Liminal.
Compete with VoltaIQ?
Ensure that your company and products are accurately represented on our platform.
VoltaIQ's Products & Differentiators
Voltaiq Enterprise Battery Intelligence Platform
Base platform for visualizing, analyzing, and managing battery data. Includes automated data import, harmonization, KPI extraction, and storage, as well as specialized analytical modules for: Metadata-to-performance correlation Test data file stitching Differential Capacity (dQ/dV) analysis
Expert Collections containing VoltaIQ
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
VoltaIQ is included in 4 Expert Collections, including Auto Tech.
Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.
This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.
Energy Management Software
Companies creating software to help manage, optimize, and automate energy management and optimization.
Companies developing tech to decarbonize operations.
Latest VoltaIQ News
Mar 29, 2023
BLOOMBERG As more electric vehicles hit the used-car market, dealers and buyers are starting to ask about the health and longevity of their batteries. But there is a dearth of information. The auto industry lacks a standard method and set of metrics for reporting battery health to shoppers of used EVs. For now, it's buyer beware. "It's a problem," said Gabriel Shenhar, associate director of the auto test program at Consumer Reports. "We get that question quite a bit" from readers but "dealers and manufacturers are loath to share data." "I'd like to see something more robust and assuring for used-EV buyers," Shenhar said. To be sure, a lack of information about a particular vehicle's history has long been an issue in the used-car market. Buyers don't see metrics on the wear of engines and transmissions in internal combustion vehicles. But the battery health question has taken on more urgency with the Inflation Reduction Act. The legislation includes a used-EV purchase credit of up to $4,000 or 30 percent of the price, whichever is lower. The credit only applies to used EVs sold by licensed dealers. Battery packs are the priciest component in any EV, with replacements hitting five figures. Dealers will need to be prepared to discuss the health of used batteries with anxious potential buyers. The averaged data approach Recurrent, a Seattle company that tracks the burgeoning EV market, has proposed a solution. It has collected data from more than 12,000 battery-electric and plug-in hybrid electric vehicles across 55 different models operating in all 50 states. The company continues to build its database and is modeling average battery capacity loss over time. Its analysis suggests capacity varies largely with total miles covered. Repeated use of DC fast charging also degrades capacity more quickly, Scott Case, Recurrent's CEO, told Automotive News. He cited examples of EVs used by ride-sharing drivers that may be fast-charged as often as four or five times a day. Recurrent is partnering with Edmunds.com to integrate battery life data into the online car shopping website. Based on model, shoppers interested in purchasing a particular VIN will see aggregated data on the health and range of the batteries in used EVs with similar miles. But Recurrent's approach has limitations. First, an average battery condition based on hundreds of examples of one model doesn't address the core question: What's the battery condition of the specific EV the shopper is considering buying? Second, data provided to Recurrent is limited to statistics an automaker chooses to make available through the onboard diagnostics II port in a vehicle. That includes the battery's energy capacity over time. But it omits data on the health of underlying battery cells, voltage traces or charge curves. Others are looking to plug the data gap. J.D. Power and Motorq, a vehicle analytics company, said Wednesday they have formed a partnership to measure battery health. They will provide EV owners and buyers with an independent measurement of the health of a specific vehicle's battery, compared with its stated health when new. Individual vehicles that achieve a previously specified score will receive a J.D. Power validation. "The most useful way of measuring the health of an EV battery is to see how it performs in the real world," Arun Rajagopalan, co-founder and CEO of Motorq, said in a statement. What data should automakers have? Automakers can or may have access to significant data on battery health, but some collect more than others. Voltaiq, a Cupertino, Calif., software company whose products record and aggregate details on the material sources, chemistry, electrical behavior and history of each cell as it is produced, suggested most automakers could collect more data than they do today. Voltaiq CEO Tal Sholklapper said that an EV mostly charged at the same charging station — at an owner's home overnight, say — could provide a battery health check by logging its response to the same charging input over time: Does it still charge at original rates, or has the battery degraded so it charges more slowly? Charging data can be logged by the vehicle or a telematics plug-in, then sent to a data repository. Sholklapper said Voltaiq assumed this data would be available from vehicles when the company started in 2012. "The reality was that most OEMs didn't have enough instrumentation on the battery packs to see about individual battery cells or modules," he said. Over time, batteries got the needed sensors — but makers had to add telematics hardware to upload high-fidelity data from the vehicle. Now, Sholklapper said, they largely have the right instrumentation and telematics on the vehicles. The next major challenge involves trading off acquiring enough data with the cost of daily cellular connection from the car to the data warehouse. "Once you have that data, it's a lot of information across many vehicles," he said. The final step is "building the software tools and automation to actually analyze that." What could be vs. what is Automaker practices for collecting data on used batteries vary. General Motors collects data, with customer consent, on battery capacity, charging events, state of charge and other diagnostic information via OnStar. "We'll have more to share in the future" on making that data available to owners and shoppers, said Natalee Runyan, senior manager in GM's electrification communications group. Ford declined to provide testing details. "A Ford dealer's checklist for pre-owned EV sale includes parameters that also apply to gas-powered products," said Charles Poon, global director of electrified systems engineering at the automaker. "Specific to EVs, we [inspect] cooling systems, charging systems, vehicle cluster and underbody damage — including the battery." Hyundai assesses battery capacity via a scan tool used by its dealers. In the future, the automaker plans to publish the battery pack's state of health on the window sticker or in the inspection report of certified pre-owned vehicles, said spokesperson Miles Johnson. VW collects no data on battery condition during vehicle operation, said Mark Gillies, Volkswagen Group of America spokesperson. But its dealer diagnostic tools offer two tests. The first, which takes several hours, is part of the certification process for a certified pre-owned vehicle. A shorter second test provides current state of health (in percent of original capacity) that can be released to customers who may, for instance, question the range of a vehicle. All four automakers warrant batteries against total failure for eight years or 100,000 miles. Hyundai and VW said if capacity falls below 70 percent of the original battery, the pack would be replaced under warranty. GM's warranty is higher — 75 percent of original capacity. Tesla's claims Tesla has said little publicly about battery life, although CEO Elon Musk claimed in a 2019 tweet that Model 3 batteries would last 300,000 to 500,000 miles — without specifying the meaning. But an informal survey crowdsourced to Model S drivers six years ago suggested batteries retained 90 to 95 percent of their original energy capacity after close to 100,000 miles. Demands for battery and other operating data may increase. Such data would encompass not only battery health, but driving habits and more on how the car is used. U.S. Rep. Earl Carter, R-Ga., has formed a Congressional caucus to look into issues of vehicle data access as well.
VoltaIQ Frequently Asked Questions (FAQ)
When was VoltaIQ founded?
VoltaIQ was founded in 2012.
Where is VoltaIQ's headquarters?
VoltaIQ's headquarters is located at 2020 Milvia St, Berkeley.
What is VoltaIQ's latest funding round?
VoltaIQ's latest funding round is Debt.
How much did VoltaIQ raise?
VoltaIQ raised a total of $13.45M.
Who are the investors of VoltaIQ?
Investors of VoltaIQ include Paycheck Protection Program, Bee Partners, Anzu Partners, UL Ventures, SJF Ventures and 7 more.
Who are VoltaIQ's competitors?
Competitors of VoltaIQ include Energy Storage Systems and 2 more.
What products does VoltaIQ offer?
VoltaIQ's products include Voltaiq Enterprise Battery Intelligence Platform and 4 more.
Who are VoltaIQ's customers?
Customers of VoltaIQ include Google, Amazon, Microsoft, Mercedes-Benz and Proterra.
Compare VoltaIQ to Competitors
Accure develops a cloud computing platform. It optimizes the performance of batteries and determines and forecasts the health of batteries using laboratory and operational data. It was founded in 2020 and is based in Aachen, Germany.
TWAICE provides predictive analytics software that optimizes the development and operation of lithium-ion batteries. Its core technology is the digital twin that offers software that combines deep battery knowledge and artificial intelligence to determine the condition of and predict battery aging and performance. The company was founded in 2018 and is based in Munich, Germany.
Form Energy develops low-cost energy storage to replace fossil baseload generation with renewable energy to successfully reduce carbon on a global level. Form Energy was formerly known as Baseload Renewables. The company was founded in 2017 and is based in Somerville, Massachusetts.
Beyond Limits provides hybrid AI (Artificial Intelligence) solutions for smart energy, renewables, smart cities and transportation, carbon capture, and other intelligent infrastructure. It combines data-centric techniques with embedded human knowledge to affirm trust in software-driven decisions, manage operational risk, and drive profitability. The company was founded in 2014 and is based in Glendale, California.
ELONCITY, developed by the AI Grid Foundation, decentralizes power infrastructure into millions of self-sufficient microgrids. Locally produced energy is available 24/7 and directly competitive to utilities. Energy price becomes transparent to all. People use ELONCITY's open technologies to make electricity virtually free so that we can electrify the world with clean energy.
FlexiDAO is a clean technology startup that provides a software platform for energy retailers that leverages on the power of blockchain technology to provide the energy data administration tools for new smart energy services for energy consumers. The company's vision is to provide the IT spine that allows for the transformation of the energy sector into one that is truly carbon-free, focused on the consumer and energy democracy. Flexidao was founded in 2017 and is based in Barcelona, Spain.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.