AIONZ

Lithium-ion Battery Diagnostics

Energy Tech
Acquired by General Motors
Acquired Rehovot Founded 2014
Total raised
Last: Undisclosed 2021-01
Stage
Acquired
Founded
2014
Headcount
3
HQ
Rehovot
Sector
Energy Tech

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 · 1 round · — total

2021-01
Undisclosed Undisclosed

Company Intelligence Q&A

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What is AIONZ's primary business?
AIONZ, formerly known as ALGOLiON, develops early-warning smart diagnostic software for lithium-ion batteries to extend their life and prevent safety hazards.
What is the name of AIONZ's main software product?
AIONZ's main software product is AlgoShield, designed to prevent lithium battery safety and fire hazards.
When was AIONZ acquired and by whom?
AIONZ was acquired by General Motors in June 2023.
When was AIONZ founded?
AIONZ was founded in August 2014.
Has AIONZ received any grants?
Yes, AIONZ received grants from the IIA in January 2015, October 2016, and November 2017.
What was AIONZ's former name?
AIONZ was formerly known as ALGOLiON.
Where is AIONZ headquartered?
AIONZ is headquartered in Rehovot, Israel.
Which investor participated in AIONZ's undisclosed funding round in January 2021?
Mobilion Ventures was an investor in AIONZ's undisclosed funding round in January 2021.

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionEco-Efficient Energy StorageAutomotive & Mobility TechnologiesElectric Mobility & Alternative FuelsEnergy TechEnergy Management & Grid Integration
Technologies
Platforms & InterfacesSoftware
Target customers
Industrial ManufacturingDiscrete IndustriesAutomotive
Business model
B2B

Highlights

1 PatentsVerified

Tags

energy-storagepredictive-analyticssafetybatterieslithium-ion-batteriessoftware-applicationsenvironmental-technologiesdata-analyticsclimate-techaviationenergytechdefenseelectric-vehicleselectro-chemical-batteriesconsumersautomotivesmart-mobilityearly-detectionalert-system