AIONZ
Lithium-ion Battery Diagnostics
Company Overview
Snapshot
Founded in August 2014 by Niles Fleischer and Alex Nimberger, AIONZ operates with 1–10 employees. The company was acquired by General Motors in June 2023.
Business overview
AIONZ, also known as ALGOLiON, develops smart diagnostic software to enhance the lifespan and safety of lithium-ion batteries. Its flagship product, AlgoShield, uses patented algorithms to predict safety risks and fire hazards up to a week in advance, without requiring additional hardware. This technology serves various markets including electric vehicles, portable electronics, medical devices, and aviation, aiming to improve battery performance, facilitate faster charging, and enable operation in extreme conditions. The company operates within the Energy Tech sector, focusing on eco-efficient energy storage, automotive, and smart mobility technologies.
Strategic signal
The acquisition of AIONZ by General Motors in June 2023 signals a strategic move by a major automotive player to integrate advanced battery diagnostic capabilities directly into its operations. This highlights the increasing importance of battery safety and longevity in the electric vehicle market and suggests a strong validation of AIONZ's predictive analytics technology for preventing EV battery fires.
Company Intelligence Q&A
- What is AIONZ's core technology?
- AIONZ's core technology is AlgoShield, a smart diagnostic software that uses patented algorithms to predict lithium-ion battery safety risks and fire hazards up to a week before they occur, without the need for supplementary hardware.
- When was AIONZ acquired and by whom?
- AIONZ was acquired by General Motors in June 2023.
- Which markets does AIONZ's technology serve?
- AIONZ's AlgoShield software is designed to prevent lithium battery safety and fire hazards for various markets, including electric vehicles, portable electronics, medical devices, and aviation.
- Has AIONZ received any grants?
- In November 2017, AIONZ received a grant from the European Aviation Safety Agency. Additionally, in October 2016, the company secured a grant from EU Horizon 2020, and in January 2015, it received a grant from EcoMotion.