Our Story
Predicting The Future Isn’t Good Enough. . . It’s Time To Invent It
By Bert Holtappels, Founder
Tanktwo is a product of the many “DUH, of course, that is what’s going to happen!” moments I had over the past three decades.
As a teenager growing up in an isolated farming community in Belgium during the eighties, I depended on beige computers and screechy modems to connect with (mostly equally nerdy) people halfway across the world. Sitting in a cellar, I realized the internet’s massive potential. And change the world, it did.
In university, my thesis project illustrated how GPS could be used for optimizing traffic flow. It was essentially a sneak peek into Google Maps, years before the technology was in the hands of the public.
After graduation, I moved to Finland and joined Nokia, where the wireless revolution took shape and was set to impact billions globally. I was in the room when the word “smartphone” was invented.
While at Nokia, I developed unique insights that allowed me to connect the dots — the game-changing technologies developed over the past decades in electrification, mobility, and data — and how they’ll (re)define the big picture for the next decades.
Now, we have all the pieces of the puzzle: oil pricing, global warming, regulations, geopolitical instability, carbon emissions quota trading, solar panels, denuclearization, etc., are all happening right under our nose, and it’s time to act on them.
As I have learned, the first to put the different parts together at scale will have a home run in his hands. I don’t want yet another “DUH” moment. I was determined to be driving the bandwagon instead of sitting on the sideline.
I wanted to be at the crossroads where all the global influences converge into a future in which the efficiency and optimization of existing technologies will be exponentially more valuable than the incremental improvement of the discrete pieces.
The seed for Tanktwo was sown in 2009 when electric vehicles (EVs) were just about to become viable, yet the technology could not yet support the requirements of demanding commercial fleets. I started reimagining battery systems for electric fleets and asked what if…
Assets, such as batteries, will never sit idle. Having an over-dimensioned battery pack “just in case” seemed the inefficient way to go about it. We can optimize their utilization to maximize profits and eliminate waste.
We can track and manage not only all the vehicles but also each battery that powers them to optimize the potential of every cell.
No one has to wait for a battery to charge thanks to off-board charging. We can simply run a cell swap for vehicles that need to be on the go without delay. (Imagine calling 911 and hearing, “sorry, our ambulance is for another 20 minutes at the supercharger”… that simply won’t fly!)
We can redeploy individual batteries to eliminate range anxiety without adding unnecessary weight. (E.g., if an electric bus is assigned to a shorter route, the operator can reallocate $50,000 worth of batteries to power five taxis without impacting the performance of the bus.)
We invented the String Cells — which would become the most iconic and tangible piece of our complex ecosystem. Meanwhile, Nokia’s restructuring gave me access to a large pool of incredibly talented engineers who were involved in developing everything from the final form factor for the string cells to the algorithms that drive the network (e.g., the engineer who designed our security system invented one of the foundational parts of the 3G phone system.)
We’re leveraging proven technologies from the three major areas of innovation of the century — electrification, mobility, and data — to create a software-defined, data-driven resource optimization system that has never existed before.
Currently, we own 28 patents across 8 patent families. And the team continues to surprise me with innovative ideas at every turn.
Of course, building a company is more than just making a product. To tap into the potential of emerging technologies, I relocated the business to New York City and Silicon Valley to access international funding and a global customer base.
Our first US-based customer was the global leader in defense technologies. The fact that we were able to land and grow this account as a corporation led by an initially non-US team is a testament to the unique value and capabilities our technologies bring to the table.
The work with this client has led us to rethink how we position our technology within the global electrification conversation, which was also evolving rapidly as the adoption of electrified equipment is no longer just about checking the ESG box — it’s key to achieving cost-efficiency while protecting against energy crisis caused by geopolitical instability or the whims of a few high-power individuals.
As we realized the vast potential impact of our technology — with EV as just one (albeit important) use case, we pivoted to focus on the Tanktwo Battery Operating System (TBOS). It enables builders to incorporate a custom battery solution into virtually any electrified application with a fraction of the cost and a short time to market.
Meanwhile, the concepts of “data”, “algorithmic optimization”, APIs and SDKs, etc. have entered the business lexicon — their benefits are undeniable. Declaring batteries as a “software problem” would, at last, stick. And we were right — people of all stripes enthusiastically agree!
Our technology positions Tanktwo at the “optimization crossroad” of any industry and at any scale. Advanced battery technology is no longer the exclusive realm of companies that sell millions of units of a single product or where budgets are much lower on the priority list.
TBOS dramatically reduces the complexity, risk, and costs — aka, the barrier to entry — so small and mid-sized enterprises can throw their hats in the electrification ring (i.e., a $500bn+ total addressable market by 2040 according to Morgan Stanley) and accelerate innovation to support a sustainable future for all.
Ready to learn more about our products? Interested in an investment opportunity with Tanktwo? Want to get regular updates on the latest battery management technology?