Amperesand has closed an $80 million Series A funding round co-led by Walden Catalyst Ventures and Temasek. The funding will support the deployment of 30MW of commercial systems in 2026 targeting hyperscale AI customers. New investors include Industry Ventures, Acclimate Ventures, and SG Growth Capital, along with Xora Innovation, Material Impact, TDK Ventures, and Foothill Ventures. The investment will enhance Amperesand's engineering and manufacturing capabilities in the U.S
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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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