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. Their core product, AlgoShield, uses patented algorithms to provide early warnings for potential battery safety 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, operating within the Energy Tech, Automotive, and Climate Tech sectors.
Strategic signal
In June 2023, AIONZ was acquired by General Motors, a significant validation of its battery diagnostic technology. This acquisition highlights the growing importance of advanced safety and longevity solutions for lithium-ion batteries, particularly in the electric vehicle market, signaling a strategic move by a major automotive player to integrate predictive battery fire prevention into its operations.
Log in to access full profile ›Company Intelligence Q&A
- When was AIONZ acquired and by whom?
- AIONZ was acquired by General Motors in June 2023.
- Did AIONZ receive any grants from the European Aviation Safety Agency?
- Yes, AIONZ received a grant from the European Aviation Safety Agency in November 2017.
- What was AIONZ's involvement with EU Horizon 2020?
- AIONZ received a grant from EU Horizon 2020 in October 2016.