What is AmpUp?
AmpUp operates at the intersection of electric mobility and smart infrastructure, providing a comprehensive software platform that simplifies the management of electric vehicle charging stations. Its technology empowers businesses and property owners to efficiently oversee multiple charge points and locations through a unified interface. Headquartered in Cupertino, California, AmpUp is dedicated to enabling stress-free charging experiences for all stakeholders within the EV ecosystem, from individual drivers to large-scale fleet operators.
How much funding has AmpUp raised?
AmpUp has raised a total of $15M across 1 funding round:
Series A
$15M
Series A (2024): $15M with participation from Touchdown Ventures, Foothill Ventures, and Powerhouse Ventures
Key Investors in AmpUp
Touchdown Ventures
Touchdown Ventures, operating under Cerity Partners, is a corporate venture capital arm that invests in innovative startups, fostering mutual growth through tailored financial solutions. They specialize in wealth management and investment solutions, serving a diverse clientele.
Foothill Ventures
Foothill Ventures, formerly Tsingyuan Ventures, focuses on pre-seed, seed, and Series A investments in the software, life science, and deep tech sectors. They are known for backing early-stage companies with high growth potential.
Powerhouse Ventures
Powerhouse Ventures specializes in transforming research from New Zealand and Australian universities into world-changing businesses. They provide expertise, capital, and networks to support early-stage companies founded on intellectual property.
What's next for AmpUp?
With the infusion of $15M in its Series A funding, AmpUp is strategically positioned to accelerate its market penetration and technological development. The company's focus will likely be on scaling its network infrastructure, enhancing its software capabilities for greater user control and data analytics, and forging new partnerships within the automotive and property management sectors. This major enterprise-level funding provides the necessary resources to solidify its competitive advantage and drive the adoption of seamless EV charging solutions.
See full AmpUp company page
