What is AmpUp?
AmpUp operates at the intersection of electric mobility and smart infrastructure, offering a comprehensive software solution that simplifies EV charging management. Its platform empowers businesses and property owners to efficiently oversee and control their charging networks, enhancing user experience and operational effectiveness. Headquartered in Cupertino, California, AmpUp is strategically positioned to capitalize on the burgeoning EV market, providing essential technology for the widespread adoption of electric vehicles.
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 venture capital firm that provides tailored solutions for corporations looking to invest in innovative startups. Their focus on corporate venture capital aims to foster mutual growth by connecting established companies with emerging technologies.
Foothill Ventures
Foothill Ventures, formerly Tsingyuan Ventures, specializes in pre-seed, seed, and Series A investments, with a particular interest in software, life science, and deep tech startups. They actively support early-stage companies with capital and strategic guidance.
Powerhouse Ventures
Powerhouse Ventures focuses on transforming research from New Zealand and Australian universities into world-changing businesses. They provide crucial expertise, capital, and networks to support early-stage companies founded on intellectual property.
What's next for AmpUp?
This substantial enterprise-level financing positions AmpUp for accelerated expansion and technological advancement. The strategic investment is expected to fuel further development of its EV charging software and network infrastructure, enhancing its competitive edge. AmpUp is poised to solidify its market leadership by scaling its operations, forging new partnerships, and continuing to innovate in the critical area of EV charging solutions, thereby supporting the broader transition to sustainable transportation.
See full AmpUp company page
