ALGOLiON was founded in 2014 by Niles Fleischer, Ph.D., and Alex Nimberger, Ph.D. Dr. Fleischer has more than 40 years of experience in the battery industry and has more than 80 patents in the field, whilst Dr. Nimberger has deep military and civilian experience in all aspects of lithium-ion batteries.
The acquisition was led by the newly formed Technology Acceleration and Commercialization (TAC) organization, a group within GM that works to identify emerging technology that can support GM’s position in battery development through investments, acquisitions or partnerships. ALGOLiON employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya, Israel.
The company has developed sophisticated software that uses data streams from EV Battery Management Systems to help identify anomalies in cell performance to ensure proper vehicle health management and provide early detection of battery hazards including thermal runaway propagation events. Its unique algorithm can identify minuscule changes that could impact on battery health weeks earlier than other methods in use today without additional hardware or sensors, all whilst the battery is still operating properly.