Ample raised $25 million from Mitsubishi Corporation to drive the expansion of its battery swapping technology.

Nov 19, 2024•9 months ago

Amount Raised

$25 Million

San FranciscoEnergy

Investors

Mitsubishi Corporation

Description

Ample announced a $25 million investment from Mitsubishi Corporation to support the expansion of its battery-swapping business. The collaboration will leverage Mitsubishi Corporation's expertise in mobility and renewable energy to accelerate the deployment of sustainable energy solutions.

Company Information

Company

Ample

Location

100 HOOPER STREET

San Francisco, California, United States

About

Ample is tackling the energy delivery challenge for electric transportation through autonomous robotics and smart-battery technology. We've developed an economical, rapidly deployable, and widely accessible platform that delivers a full charge to any electric car in minutes, aiming to make “Electric Cars for Everyone” a reality.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech