Amperesand has raised a $12.45 million seed round to support the commercialization of the silicon-carbide solid-state transformer technology. The round was co-led by Xora Innovation, Temasek’s early-stage arm, and Material Impact, with participation from TDK Ventures and Foothill Ventures.
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Company Information
Company
Amperesand
Location
Singapore, Southeast Asia, Singapore
About
Amperesand’s infrastructure solutions, powered by novel solid-state transformer (SST) technology, enable efficient, intelligent, flexible, and resilient electrification on a global scale. Its core SST technology was pioneered at the Energy Research Institute at Nanyang Technological University (NTU) in Singapore. Amperesand was incubated by Xora and established in 2023.
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