Amperesand: Powering Up the Grid with Innovation

February 20, 2024, 11:56 am
Amperesand
Total raised: $12.5M
Amperesand, a Singapore-based startup revolutionizing power grid infrastructure, has secured a hefty $12.45 million in seed funding. Co-led by Temasek's Xora Innovation and Material Impact, this investment is a game-changer for the company. Amperesand's cutting-edge solid-state transformer technology is set to reshape the electricity landscape, offering efficient, intelligent, and resilient electrification solutions on a global scale. With plans to target the EV fast-charging market, Amperesand is gearing up to make a significant impact in the industry. The time for commercialization of solid-state transformers is now, and Amperesand is leading the charge towards a brighter, more sustainable future.