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Ampd Energy raised $27.3 million in a Series B funding round co-led by Kibo Invest and Openspace to accelerate clean battery energy storage solutions globally.

PRIVATENov 05, 2024

Amount Raised

$27.3 Million

Round Type

Series B

SingaporeManufacturingEnergyOil And GasRenewable Energy

Investors

MTR LabTaronga Ventures2150Kibo InvestOpenspace

Description

Ampd Energy has secured $27.3 million in an oversubscribed Series B funding round, co-led by Kibo Invest and Openspace with continued participation from MTR Lab, Taronga Ventures, and 2150. The funds will support the company’s expansion into new markets and regions to further their decarbonization efforts.

Quick answer

Ampd Energy raised $27.3 Million in a Series B round, dated November 5, 2024. Investors: MTR Lab, Taronga Ventures, 2150, Kibo Invest and Openspace. Ampd Energy is based in Singapore, Southeast Asia, Singapore.

How much did Ampd Energy raise?
Ampd Energy raised $27.3 Million in a Series B round on November 5, 2024.
Who invested in Ampd Energy?
MTR Lab, Taronga Ventures, 2150, Kibo Invest and Openspace are named as investors in this round.
What does Ampd Energy do?
Ampd Energy is a global energy industry innovator and manufacturer specializing in battery energy storage systems for heavy industries.
Where is Ampd Energy based and how big is it?
Ampd Energy is based in Singapore, Southeast Asia, Singapore. Fundz records about 83 employees.
Who are the decision-makers at Ampd Energy?
Fundz holds 4 contacts at Ampd Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Ampd Energy that raised within 45 days of this round, from Fundz verified event records.

  • Hydrogen Mem-Tech raised an undisclosed amount (Equity Crowdfunding) on November 15, 2024.
  • Universal Fuel Technologies raised $3M (Seed) on October 22, 2024.
  • RIFT raised $12M (Series A) on October 17, 2024.
  • Mojave Energy Systems raised $9.5M (Series A) on December 18, 2024.
  • Logan Energy raised $6.6M on December 17, 2024.
  • Crusoe raised $600 (Series D) on December 16, 2024.

Who to call at Ampd Energy, and when

A new round usually means Ampd Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Ampd Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ampd Energy, from your own LinkedIn network

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Company Information

Company

Ampd Energy

Location

Singapore, Southeast Asia, Singapore

About

Ampd Energy is a global energy industry innovator and manufacturer specializing in battery energy storage systems for heavy industries. The company focuses on providing solutions that significantly reduce carbon footprints compared to fossil fuel generators. They have deployed over 300 smart battery units across multiple countries, primarily in construction. Ampd Energy's products aim to accelerate decarbonization and promote cleaner, innovative energy solutions worldwide.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ampd Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.