- Acquired by General Motors, Jun 2023
- Raised funding round, Jan 2021
- Raised grant, Nov 2017
About
ALGOLiON has developed early-warning smart diagnostic software to extend the life of lithium-ion batteries and prevent safety hazards. The company's AlgoShield software solution is designed to prevent lithium battery safety and fire hazards for various markets including electric vehicles, portable electronics, medical devices, and aviation. Using patented algorithms, AlgoShield provides alerts about safety risks up to a week before they could develop into a fire. This enables sufficient advance notice for optimal management of the safety risks, without the need for supplementary hardware. The technology has also been demonstrated as an app for smart phones and tablets and can be white labelled for enterprise platforms. ALGOLiON's solution can facilitate faster charging, operation in extreme conditions, and more reliable high-power use. The technology can improve users' return on investment by extending batteries' service life and save money by protecting users' products, people, and profits.
Funding history · 4 rounds · — total
Q&A
- What is AIONZ's current status?
- AIONZ was acquired by General Motors in June 2023.
- What is AIONZ's primary business?
- AIONZ, formerly known as ALGOLiON, develops early-warning smart diagnostic software to extend the life of lithium-ion batteries and prevent safety hazards, primarily through its AlgoShield software solution.
- How many employees does AIONZ have?
- AIONZ has an employee count in the 1-10 range.
- Who are the co-founders of AIONZ?
- The co-founders of AIONZ are Niles Fleischer (Co-founder & CEO) and Alex Nimberger (Co-founder & CTO).
- What was the most recent funding event for AIONZ?
- AIONZ received a grant in January 2021 from Mobilion Ventures.
- Which organizations have provided grants to AIONZ?
- AIONZ has received grants from EcoMotion, EU Horizon 2020, and the European Aviation Safety Agency.
- What is the core technology behind AIONZ's solution?
- AIONZ's AlgoShield software uses patented algorithms to provide alerts about safety risks in lithium-ion batteries up to a week before they could develop into a fire, without requiring supplementary hardware.
- What markets does AIONZ's technology target?
- AIONZ's AlgoShield software solution is designed for various markets including electric vehicles, portable electronics, medical devices, and aviation.
Team · 2
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | algolion.com/ |
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| linkedin.com/company/9334627 |
Identifiers & details
| Legal name | AIONZ |
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| Former names | ALGOLiON |
| Founded | 2014-8 |
| Employees (exact) | 3 |
| Status reason | Acquired by General Motors on Jun, 2023 |
Acquisitions & public offerings
Acquired by General Motors 2023-06
Radar intelligence
GitHub
| Top repos | AlgoShield2_Reference |
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Web history (Wayback)
| Domain | algolion.com |
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Certificate / subdomain footprint
| Subdomains | 2 |
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