All posts tagged: 7.8M

Accure sparks .8M to use AI to predict lithium-ion battery failures

Accure sparks $7.8M to use AI to predict lithium-ion battery failures

Accure sparks $7.8M Series A2 to use AI to predict lithium-ion battery failures Battery fires are bad. Just ask LG, GM, Tesla, Volkswagen or any of the hundreds of people whose e-bikes have caught fire. While fires caused by EVs are a relative rarity compared with fossil fuel vehicles, that doesn’t mean they’re not dangerous. But there’s something that batteries have that fossil fuels don’t: the ability to monitor themselves. “Every lithium-ion battery is an IoT device,” Accure co-founder and CEO Kai-Philipp Kairies told TechCrunch+. “All of these batteries are generating heaps of data.” Batteries are going to be everywhere in the next couple decades, reshaping everything from cars and trucks to toys, home furnishings and more, all things that people interact with on a daily basis. The potential for fires could increase as adoption grows, but it doesn’t have to. All that data that batteries are generating gives us a window into how they’re operating. It also gives us a chance to predict when they’ll go haywire. Kairies and his co-founders started Accure with …