We are happy to announce the successful close of a $12.45 million Series Seed financing co-led by Xora Innovation, a deep tech early-stage investment platform of Temasek, and Material Impact, joined by TDK Ventures, the venture arm of TDK Corporation (TSE: 6762) and Foothill Ventures. Extremely grateful to our investors' belief in us, and the support that Nanyang Technology University has provided in launching Amperesand! A fantastic piece by Tim De Chant on TechCrunch here: https://lnkd.in/e_XiTDT7 Amperesand's PR Statement: https://lnkd.in/efpvtef9
About us
Amperesand’s infrastructure solutions, powered by novel solid-state transformer (SST) technology, enable efficient, intelligent, and resilient electrification on a global scale. Amperesand infrastructure systems are built with solid-state transformer (SST) modules. Each module contains silicon carbide (SiC) devices and proprietary high-frequency transformers that are significantly more efficient, flexible, and resilient than traditional transformers. This modularity allows for simple application-specific scaling. Amperesand’s first SST systems will be available in 2, 4, and 6MW units, which can easily be combined for applications with larger power requirements. Our SST technology was pioneered by the Energy Research Institute at Singapore’s Nanyang Technological University (NTU) and spun out by Xora Innovation.
- Website
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https://amperesand.io
External link for Amperesand
- Industry
- Electric Power Transmission, Control, and Distribution
- Company size
- 2-10 employees
- Headquarters
- Singapore
- Type
- Privately Held
- Founded
- 2023
Locations
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Primary
Get directions
Singapore, SG
Employees at Amperesand
Updates
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Hello World! We have launched! Amperesand is venture built by the team at Xora Innovation working closely with an amazing team of scientists and engineers at the Energy Research Institute @ NTU. We aim to commercialize infrastructure solutions powered by solid state transformers (SST) technologies and be the first in the world to commercialize a modular and highly scalable SST architecture for multiple applications beginning with electric vehicle fast-charging. Amperesand hopes to play a pivotal role in the world's energy transition. Proud to be featured in this fantastic article by Michelle Zhu on the Business Times. Follow us and stay tuned for more exciting news to come! Nanyang Technological University Singapore, Energy Research Institute @ NTU, Xora Innovation, Temasek https://lnkd.in/gipSm3rG
NTU launches first deep tech spin-out under S$75 million pilot programme with Temasek, NUS
businesstimes.com.sg