Energy storage startup AmpereHour Energy has raised $5 million from Avaana Capital. The funds will be used to expand manufacturing, enhance software capabilities, and support research and development.

Mar 12, 2025•9 months ago

Amount Raised

$5 Million

PuneEnergy StoragePower GridEnergy ManagementEnergy EfficiencySolarRenewable EnergyEnergy

Investors

Uc ImpowerAvaana Capital

Description

Energy storage startup AmpereHour Energy has raised $5 million (about Rs 43.6 crore) from climate-focused fund Avaana Capital, with participation from UC Impower and existing angel investors. The Mumbai-based startup plans to utilize the funds to expand manufacturing and software capabilities and drive product development. Founded in 2017, AmpereHour develops battery energy storage systems that efficiently store and manage electricity. The company plans to scale up its operations to achieve substantial growth in the coming months.

Company Information

Company

AmpereHour Energy

Location

Pune, Maharashtra, India

About

AmpereHour Energy is an energy storage startup developed by IIT Bombay alumni that specializes in battery energy storage systems for businesses and power grids. Founded in 2017, the company provides solutions to efficiently store and manage electricity, focusing on stationary energy storage for power infrastructure. They serve major clients including Amazon, Siemens, and Coca-Cola. Currently, AmpereHour is expanding its capabilities and geographical reach, addressing the growing need for energy storage in India and beyond.

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