Investing in the Future of Battery Analytics: Our Partnership with Entroview
At Rethink Ventures, we’re always on the lookout for innovative startups that have the potential to transform industries.
Entroview, with its groundbreaking approach to battery diagnostics, caught our attention and ultimately secured our investment. Here’s why we believe the company is poised to make a significant impact in the rapidly growing battery and electric vehicle market.
Entropy-based battery diagnostics
Entroview’s technology is based on entropy-based battery diagnostics, a novel approach developed by CTO & Co-Founder Sohaïb El Outmani during his Ph.D. research. This method allows for rapid and accurate assessment of battery health and performance, potentially revolutionizing quality control processes in battery manufacturing.
- Faster diagnostics: Entroview’s solution can reduce the battery aging process from 4-10 days to just hours.
- Improved accuracy: The entropy-based approach provides more precise insights into battery health.
- Scalable software solution: As a software product, Entroview’s technology can be easily integrated and scaled across different manufacturing facilities.
Addressing a Critical Industry Pain Point
The battery industry, particularly gigafactories, faces major challenges in terms of quality control and efficiency. Entroview’s solution tackles these issues by reducing working capital, with potential savings of up to 3.5 million euros per gigawatt hour of plant capacity. Additionally, their technology improves production efficiency by shortening the end-of-line testing process, which helps increase overall production capacity. Entroview also enhances quality control through more accurate diagnostics, leading to better battery quality and performance.
Seed funding of €1.5m
Entroview’s seed round was led by us and AFI Ventures – the early-stage impact arm of Ventech with The funding will be used to expand its team, further develop its software, and scale its operations to meet the growing demand for advanced battery diagnostics solutions.
We look forward to working closely with the talented team at Entroview as they continue to push the boundaries of battery monitoring technology.
For more information visit the company’s website at entroview.com.