Peaxy, a cloud software company specializing in battery analytics and digital twins,

 

Peaxy, a cloud software company specializing in battery analytics and digital twins, raised $12M in Series B2 funding.  The funding will be used to accelerate Peaxy's battery analytics product offering and expand its market reach in stationary energy storage, electric vehicles, and defense. The specific backers of the funding round were not disclosed. Peaxy, founded in 2012, utilizes AI, machine learning, and predictive analytics to provide battery data solutions. Its flagship product, Peaxy Lifecycle Intelligence (PLI), offers cloud-based lifecycle analytics and unified data vision for streamlining battery research, development, manufacturing, integration, and field operations.