
Altergo
Digital Twins for ESS Battery Intelligence. Formerly ION Energy.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
* | N/A | Spinout | |
Total Funding | 000k |
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Altergo provides a battery intelligence and digital twin platform for the electromobility and energy storage sectors. The company, founded as part of ION Energy in 2016 and later established as a distinct business unit, operates on a business-to-business (B2B) software-as-a-service (SaaS) model. It was co-founded by Akhil Aryan and Alexandre Collet. Aryan's journey began with an initial concept for battery-swapping, which evolved after realizing the larger market opportunity was in the underlying technology for improving battery life and performance. This strategic pivot was accelerated in 2018 with the acquisition of Freemens SAS, a French battery management system provider founded by Collet, who then joined as a co-founder.
The firm’s core offering is a Digital Twin platform that leverages data analytics and battery science to enhance battery performance and reduce operational costs. This technology creates virtual replicas of battery systems, enabling predictive analytics, real-time monitoring, and performance optimization. Key features of the platform include State of Health (SoH) and State of Function (SoF) estimation, predictive simulations for lifetime and risk, automated diagnostics, and anomaly detection. These capabilities allow clients to conduct condition-based maintenance, forecast capacity accurately, and ensure long-term warranty compliance. The platform is designed for enterprise-level integration into existing Energy Management Systems (EMS) or cloud workflows via APIs and an SDK. Altergo's technology caters to companies operating large fleets of electric vehicles or utility-scale energy storage systems, helping them make data-driven decisions to improve return on investment.
Formerly known as Edison Analytics, the platform was rebranded to Altergo to reflect its expanded capabilities beyond just battery intelligence. The company has secured seed funding from investors including the Amazon Climate Pledge Fund and Climate Capital. Altergo serves a global clientele across 15 countries, including notable companies like Volvo, Wamtechnik, and Zenobe. Keywords: battery intelligence, digital twin, battery analytics, energy storage systems, electromobility, battery management system, predictive analytics, battery science, real-time monitoring, SaaS, B2B, EV fleet management, battery performance optimization, State of Health (SoH), State of Function (SoF), battery lifecycle management, grid-scale batteries, IoT, data analytics, cleantech, EV technology
Investments by Altergo
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