What is Amperesand?
Founded in 2023, Amperesand operates at the intersection of deep tech and energy infrastructure. The company specializes in the development of advanced solid-state transformer modules that leverage silicon carbide devices to outperform traditional electromagnetic transformers. By offering superior modularity and intelligent monitoring capabilities, Amperesand addresses critical bottlenecks in power distribution. Its primary market focus includes high-demand sectors such as hyperscale data centers, renewable energy integration, and the rapidly expanding electric vehicle charging ecosystem. Through its innovative approach, the company aims to enhance grid resilience and facilitate the global transition toward more efficient, decentralized electrification architectures.
How much funding has Amperesand raised?
Amperesand has raised a total of $80M across 1 funding round:
Series A
$80M
Series A (2025): $80M with participation from Xora Innovation, Industry Ventures, Temasek, and Walden Catalyst Ventures
Key Investors in Amperesand
Xora Innovation
A deep tech investment firm focused on transforming essential industries, including climate energy and AI-driven physical infrastructure.
Industry Ventures
A private equity and venture capital firm providing flexible capital solutions across the full lifecycle of venture-backed companies.
Temasek
A global investment company headquartered in Singapore that acts as a generational investor with a long-term focus on sustainable growth.
What's next for Amperesand?
With this major enterprise-level funding, Amperesand is positioned to accelerate the commercialization of its SST modules and scale its manufacturing operations to meet rising industrial demand. The strategic roadmap involves deepening partnerships with grid operators and data center providers to deploy intelligent, resilient power solutions at scale. By leveraging the expertise of its high-profile backers, the company is set to solidify its market position as a leader in next-generation power electronics, focusing on long-term technical differentiation and operational expansion within the global energy sector.
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