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Peaxy Secures $12 Million Series B2 Funding To Transform Battery Lifecycle Analytics And Digital Twins

Jul 13, 2023•about 2 years ago

Amount Raised

$12 Million

Round Type

series b

San JoseArtificial IntelligenceSoftwareAnalyticsBig DataMachine Learning

Description

Peaxy, Inc. (www.peaxy.net), a leading cloud software company providing battery lifecycle analytics and digital twins, today announces it has raised $12 million in a Series B2 funding round. The investment will accelerate product development and expand the market reach of Peaxy Lifecycle Intelligence (PLI), the company's flagship cloud-based predictive analytics platform that improves profitability by unifying battery lifecycle data.

Company Information

Company

Peaxy

Location

San Jose, California, United States

About

Founded in 2012, Peaxy is a leading cloud software company that specializes in unlocking the maximum value from industrial battery data through AI, machine learning and predictive analytics. Peaxy Lifecycle Intelligence (PLI), the company's flagship solution, provides cloud-based, at-scale, lifecycle analytics and a unified data vision to streamline battery research and development, manufacturing, integration, and field operations. For more information, please visit www.peaxy.net.

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