
ALGOLiON
Predictive battery management software for early hazard detection.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
* | N/A | Acquisition | |
Total Funding | 000k |
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ALGOLiON, founded in 2014, is an Israeli company that developed predictive software for battery management. On June 30, 2023, General Motors acquired substantially all of the company's assets for an undisclosed sum, integrating the team into its GM Technical Center in Herzliya, Israel. The company's official registered name is now AIONZ Ltd.
The company was established by Dr. Niles Fleischer and Dr. Alex Nimberger, both recognized experts in the battery industry. Dr. Fleischer has over 40 years of experience and holds more than 80 patents in the field, while Dr. Nimberger brings extensive military and civilian expertise in lithium-ion battery operations and effects analysis. Their combined knowledge formed the foundation of the company's core technology.
ALGOLiON's key offering is a software-only solution, AlgoShield, that analyzes data streams from Battery Management Systems (BMS) to identify performance anomalies without needing extra hardware or sensors. Its proprietary algorithms detect minuscule electrical signal changes that signify potential internal defects, providing warnings weeks earlier than other methods. The system is designed to provide early detection of battery hazards, including thermal runaway events, for clients in the electric vehicle (EV) and consumer electronics markets. The acquisition by GM, led by its Technology Acceleration and Commercialization (TAC) unit, aims to accelerate the deployment of this cost-effective hazard detection system for GM's electric vehicles.
Keywords: battery analytics, predictive maintenance, BMS software, electric vehicles, lithium-ion safety, thermal runaway detection, hazard detection, battery management system, AlgoShield, battery algorithms, EV safety, cell performance anomalies, battery diagnostics, software-only solution, early warning system, battery health management