AVILOO

AVILOO GmbH (“AVILOO”), founded in 2018 and headquartered in Austria, has established itself with more than 50 FTEs (including freelancers) as the industry leader in the field of battery diagnostics for electric vehicles (EVs). With proprietary, patented, machine-learning technology, AVILOO offers precise and reliable diagnostic tools that enable user-friendly assessments of the condition and performance of EV batteries, which constitutes a key value driver in the fast-growing used EV market. AVILOO operates a highly scalable “pay-per-use” subscription model that generates recurring license revenues while offering B2B customers attractive testing costs. AVILOO's first-mover advantage and market-leading vehicle coverage provide a unique market position in Europe. Going forward, AVILOO plans to deepen its presence in existing core markets in Europe and selectively enter new geographic regions with high growth potential in North America, Asia and Australia.