
Wisebatt
closedA simulation platform for electronics engineers developing IoT devices.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | €1.0m | Early VC | |
Total Funding | 000k |
EUR | 2018 | 2019 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 300 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Wisebatt provides a simulation platform tailored for electronics engineers focused on developing Internet of Things (IoT) devices. The company was established in September 2016 by Wilfried Dron (CEO) and Marion Blatter (CPO). The idea originated from Dron's own PhD research at Sorbonne University, where he identified the need for a tool to accurately predict the battery life of a device early in the design phase. This academic research, spanning over a decade, formed the technological foundation of the company.
The core of Wisebatt's offering is a web-based, software-as-a-service (SaaS) platform that enables engineers to build virtual prototypes, or digital twins, of their electronic devices. This allows for the simulation and analysis of performance, particularly battery life and power consumption, before committing to a physical prototype. The platform features a vast library of electronic component models, which included over 7,300 models by October 2020. By simulating how different components interact, engineers can optimize their designs for cost, performance, and battery longevity, reportedly saving significant development time and costs. The business model is primarily subscription-based, providing access to the simulation tools. The company also formed partnerships, such as creating a free version, "Wisebatt for Saft," with battery manufacturer Saft to help engineers prototype with Saft's products.
The company's primary clients are electronics engineers and companies developing battery-powered devices, especially within the burgeoning IoT market. In June 2018, Wisebatt secured €1 million in an early-stage venture capital round from investors including Demeter Ventures and the Paris Region Venture Fund. A significant milestone occurred in October 2020 when Wisebatt joined the STMicroelectronics Partner Program, integrating a substantial number of ST's components into its library. This collaboration culminated in Wisebatt's acquisition by STMicroelectronics in September 2021 for an undisclosed amount, a move intended to integrate Wisebatt's simulation technology into ST's broader suite of design tools and expand its market reach.
Keywords: electronics simulation, IoT development, battery life estimation, virtual prototyping, digital twin, hardware design, power consumption analysis, electronic component library, circuit design, embedded systems, Wilfried Dron, STMicroelectronics, Saft, system-level design, R&D optimization, hardware engineering SaaS, electronics design automation, EDA, power management, microcontroller simulation, sensor modeling, circuit simulation