"Thanks to this round of funding, we will be able to roll out our battery monitoring and management technology on a large scale, giving our customers the tools they need to extend the life of their batteries in their first life and allocate them in their second life," says Pierre-Amans Lapeyre, CEO of Bib batteries.
"The battery sector is still in its infancy, with few standards in force. For example, unlike a telephone, it's impossible to know the state of health of a vehicle battery with just a few clicks. That's why we've developed an algorithm to provide reliable information on the condition of batteries throughout their use,' says Martin Vaz, CTO of Bib batteries.
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