# Ampd Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ampd-energy

- Industry: Energy Storage & Batteries
- Headquarters: Singapore, Singapore
- Website: www.ampd.energy
- Total disclosed funding: $35M
- Latest round: Series B (Nov 5, 2024)
- Investors on record: 6

## About

Established in 2014 and based in Hong Kong, China, Ampd Energy Limited operates as an energy company that provides battery energy storage systems. The company has offices in Australia, Singapore and the United Kingdom. In November 2024, Ampd Energy Limited raised USD 27.3 million in series B funding co-led by Kibo Capital Partners and Openspace Ventures, with participation from MTR Lab, Taronga Ventures, and 2150.

The company engages in the integration of hardware and software products. Its product includes Ampd Enertainer which is a battery energy storage system that can replace diesel generators. Users can remotely monitor device usage in real-time and generate reports on operations, energy, and carbon emissions' reduction through the system. The company has clients such as Gammon, Sino Group and Multiplex.

## Funding rounds

- Series B, Nov 5, 2024, $27M — Kibo Capital Partners, Openspace Capital, Taronga Ventures, 2150, MTR Lab
- Series A, Jun 27, 2023, $8M — Taronga Ventures, Audacy Ventures, 2150, MTR Lab
- Series A, Sep 30, 2021 — Taronga Ventures, 2150

## Investors

- Taronga Ventures (https://capitalatlas.ai/funds/taronga-ventures) — Series A, Series B
- 2150 (https://capitalatlas.ai/funds/2150) — Series A, Series B
- Audacy Ventures (https://capitalatlas.ai/funds/audacy-ventures) — Series A
- MTR Lab — Series A, Series B
- Kibo Capital Partners (https://capitalatlas.ai/funds/kibo-capital-partners) — Series B
- Openspace Capital (https://capitalatlas.ai/funds/openspace-capital) — Series B