Amperesand raises $12.5M seed round to remake the humble 140-year-old transformer
Amount Raised
$12.5 Million
Round Type
Seed
SingaporeManufacturingEnergyRenewable EnergySolarInvestors
Description
Amperesand has raised a $12.45 million seed round to support the commercialization of the silicon-carbide solid-state transformer technology. The round was co-led by Xora Innovation, Temasek’s early-stage arm, and Material Impact, with participation from TDK Ventures and Foothill Ventures.
Quick answer
Amperesand raised $12.5 Million in a Seed round, dated February 7, 2024. Investors: Foothill Ventures, TDK Ventures, Xora Innovation, Temasek and Material Impact. Amperesand is based in Singapore, Southeast Asia, Singapore.
- How much did Amperesand raise?
- Amperesand raised $12.5 Million in a Seed round on February 7, 2024.
- Who invested in Amperesand?
- Foothill Ventures, TDK Ventures, Xora Innovation, Temasek and Material Impact are named as investors in this round.
- What does Amperesand do?
- Amperesand’s infrastructure solutions, powered by novel solid-state transformer (SST) technology, enable efficient, intelligent, flexible, and resilient electrification on a global scale.
- Where is Amperesand based and how big is it?
- Amperesand is based in Singapore, Southeast Asia, Singapore. Fundz records about 120 employees.
- Who are the decision-makers at Amperesand?
- Fundz holds 2 contacts at Amperesand. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Amperesand that raised within 45 days of this round, from Fundz verified event records.
- Sunpure Technology Ltd raised $16M (Series A) on January 29, 2024.
- Blue Laser Fusion raised $38M (Seed) on March 20, 2024.
- Pure Lithium Corp raised $15M (Series A) on March 15, 2024.
- Niko Energy raised $3.3M (Seed) on March 14, 2024.
- Sunfire raised $541M (Series E) on March 5, 2024.
- Pure Lithium Corp raised $20M on March 1, 2024.
Who to call at Amperesand, and when
A new round usually means Amperesand is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Amperesand raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Amperesand, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Amperesand. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Amperesand raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Amperesand 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.
5 screens from a live account. No signup.