# Amprius Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amprius-technologies

- Industry: Energy Storage & Batteries
- Headquarters: Fremont, US
- Website: www.amprius.com
- Total disclosed funding: $61M
- Latest round: Series C (Dec 27, 2013)
- Investors on record: 7

## About

Amprius Technologies, Inc. specializes in innovative battery solutions, focusing on silicon anode lithium-ion batteries that deliver high energy density and superior performance for various applications.Founded in 2008 and headquartered in Fremont, US, Amprius Technologies, Inc. is focused on developing advanced battery technology. The company underwent a significant business transformation through a merger with Kensington Capital Acquisition Corp. IV, finalized in May 2022, which valued the combined entity at USD 939 million. Mark Platshon, the founder, has a history of entrepreneurship that includes prior ventures in the technology sector. The merger led the newly combined company to be publicly listed on NASDAQ under the ticker symbol 'AMPX'.Amprius Technologies specializes in advanced battery solutions, specifically focusing on silicon anode lithium-ion batteries. Their flagship products, SiMaxx and SiCore, are designed to meet the demands of various industries by delivering high energy density and improved performance. SiMaxx represents the pinnacle of energy-dense battery technology, while SiCore provides a reliable high-energy solution with consistent availability. These batteries are particularly well-suited for applications across unmanned and manned aviation, electric vehicles, light electric vehicles, defense, and AI and robotics sectors. The company caters to a diverse client base, including manufacturers and developers in these industries, and targets markets such as North America, Europe, and Asia, where the demand for high-performance energy storage solutions is rapidly growing.In 2023, Amprius Technologies reported a revenue of USD 9.05 mn, while the EBITDA for the same year was USD -33.85 mn. The company generates revenue through direct sales of its silicon anode batteries to various client sectors, including government agencies, commercial aviation firms, and electric vehicle manufacturers. They may engage in partnership agreements with key clients, allowing for tailored battery solutions that meet specific operational needs.Amprius Technologies plans to leverage its recent merger and the raised funds to support the expansion of its gigawatt hour-scale manufacturing facility. The company aims to introduce new battery products and enhance its manufacturing capabilities to meet the growing demand in North America, Europe, and Asia. The merger, completed on May 11, 2022, with a funding of USD 230 million, positions Amprius for strategic growth in the advanced battery market.

## Funding rounds

- Series C, Dec 27, 2013, $30M — Kleiner Perkins, Trident Capital, VantagePoint Capital, SAIF Partners, IPV Capital Partners, Stanford University, Chinergy Capital
- Series B, Mar 3, 2011, $25M — Kleiner Perkins, Trident Capital, VantagePoint Capital, IPV Capital Partners, Stanford University
- Series A, Mar 31, 2009, $5.8M — Trident Capital, VantagePoint Capital

## Investors

- Trident Capital (https://capitalatlas.ai/funds/trident-capital) — Series A, Series B, Series C
- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Series A, Series B, Series C
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C
- IPV Capital Partners (https://capitalatlas.ai/funds/ipv-capital-partners) — Series B, Series C
- Stanford University — Series B, Series C
- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series C
- Chinergy Capital — Series C