Grid Infrastructure Company Amperesand Secures $12 Million

The company specializes in solid-state transformers for applications in multi-megawatt DC fast charging for electric vehicles, microgrids, and data centers.

February 13, 2024

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Amperesand, a grid infrastructure solutions provider, announced its $12.45 million Seed financing co-led by Xora Innovation, an early-stage investment platform of Temasek, and Material Impact. They are joined by TDK Ventures, the venture arm of TDK Corporation, and Foothill Ventures.

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