Tech Company Financing Transactions
Amperesand Funding Round
Amperesand closed a $12.5 million financing round on 2/7/2024. Backers included Material Impact Fund, Xora Innovation and Foothill Ventures.
Transaction Overview
Company Name
Announced On
2/7/2024
Transaction Type
Venture Equity
Amount
$12,450,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to industrialize and manufacture its technology at scale while building its executive team.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
Singapore, Undisclosed
Singapore
Singapore, Undisclosed
Singapore
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Anshuman Tripathi
Co-Founder
Sriram Vaisambhayana
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