April 28, 2026: The European Commission has given the green light for the acquisition of international battery testing firm Aviloo by German and Austrian investors.
The Commission said on April 22 Invest KG and Armira Growth had been given the go-ahead for the deal — which includes a €30 million ($35 million) investment in Aviloo by Armira.
Austria-based Invest KG and Germany’s Armira have jointly acquired all shares previously held by the Commission-backed European Innovation Council Fund — one of Aviloo’s earliest investors — becoming key shareholders alongside Austria’s Raiffeisen KMU Invest.
Financial details of the acquisition were not disclosed, but Aviloo said CEO Marcus Berger and founding team Nikolaus Mayerhofer and Wolfgang Berger will continue to hold an undisclosed significant stake in the company.
The deal relates primarily to EV battery tests and causes no competition concerns, the Commission said.
Armira’s investment will accelerate new product development and international expansion, with a particular focus on the US and Asia. It will also support major strategic partnerships with several high-profile market launches planned for 2026.
Aviloo was founded in 2018 for battery diagnostics for used EVs and plug‑in hybrids. The company said it provides objective, manufacturer‑independent and transparent assessments of battery health and its products are used by more than 750 clients across 30 countries.
The company said a significant differentiator in the service it provides is its continuously growing battery data set, built from more than 550,000 tests conducted to date, used to power a global database that reflects real‑world battery performance across vehicle models, usage patterns and lifecycle stages.
Partner of growth at Armira, Florian Tappeiner, said: “With the global EV market expected to triple in size to around 150 million vehicles by 2030, transparency around battery condition will become increasingly critical.
“We expect battery certification to become a standard requirement and Aviloo is very well positioned to scale its solution globally.”
