ALGOLiON
Company

date founded

Financing round

General

About Company
ALGOLiON develops predictive algorithms to prevent lithium ion battery fires in EVs.

Industry

Sector :

Subsector :

founded date

01.01.2014

Number of employees

Company Type

For Profit

IPO status

Private

Description

Their diagnostic predictive algorithms improve the safety of lithium-ion and other battery types used in consumer electronics, electric vehicles, medical equipment, and aircraft by identifying markers that are more sensitive than competing systems to internally developing safety hazards in cells. Their solution provides advance warning prior to the cell reaching the threshold for a potential explosion, allowing consumers to take corrective action to avoid fires and mitigate risk to the person. ALGOLiON provides this solution B2B under license to the consumer electronics, e-cigarettes, aviation, and e-mobility markets, and has engaged with companies such as Ferrari, Bosch Automotive Electronics, Boeing, Airbus, Philip Morris International, and Sunwoda China. They are the only pure software solution for battery hazard prognosis, providing a week advance notice of premature cell degradation and internally developed safety events like fire, thermal runaway, and lithium plating.
Contacts

Contact Email

Social url

Similar Companies
17
TWAICE

TWAICE

TWAICE develops battery analytics software that improves the transparency and predictability of batteries.

Sector

Software and Computer Services

Subsector

Software

Location

Munich, Germany

total rounds

6

total raised

$62.76M
Zitara Technologies

Zitara Technologies

Zitara develops cloud and embedded software to enhance battery safety and profitability for manufacturers and owners.

Sector

Software and Computer Services

Subsector

Software

Location

San Francisco, CA, USA

total rounds

1
BattGenie

BattGenie

BattGenie develops software technology for safer, longer-lasting, and faster-charging batteries.

Sector

Software and Computer Services

Subsector

Software

Location

Seattle, WA, USA

total rounds

3

total raised

$1.8M
Qnovo

Qnovo

Qnovo improves mobile battery performance with adaptive fast charging algorithms.

Sector

Software and Computer Services

Subsector

Software

Location

Newark, CA 94560, USA

total rounds

4

total raised

$40.6M
M&A Details
1

Acquired by

General Motors

announced date

30.06.2023

Financials

Co-Investors

People

Founders
2
NILES FLEISCHER
NILES FLEISCHER

NILES FLEISCHER

current job

ALGOLiON
ALGOLiON

organization founded

2

NILES FLEISCHER

Alex Nimberger
Alex Nimberger

Alex Nimberger

Alex Nimberger is the CTO and Co-Founder at Algolion. Alex Nimberger attended Bar-Ilan University.

current job

ALGOLiON
ALGOLiON

organization founded

1

Alex Nimberger

Employee Profiles
2
NILES FLEISCHER

NILES FLEISCHER

CEO and Co-Founder

Alex Nimberger

Alex Nimberger

CTO and Co-Founder

Activity

Recent News
0